Sri Lanka signs USD 500 million loan agreement with China
Posted by Editor on April 12, 2021 - 3:00 pm
The Government of Sri Lanka has signed a loan agreement of USD 500 million with the China Development Bank (CDB).
The agreement was signed today (April 12) at the Embassy of China in Colombo.
The Ministry of Finance stated that the relevant funds will be disbursed within this week.
Latest Headlines in Sri Lanka
- Sri Lanka President emphasizes no changes to controlled rice price October 22, 2024
- Cardinal Malcolm Ranjith rejects A.N.J. De Alwis committee report on Easter Sunday attacks October 22, 2024
- Johnston Fernando to appear vefore CID over unregistered vehicle incident October 22, 2024
- Catholic Church rejects report presented by Gammanpila on Easter Sunday attack October 22, 2024
- Sri Lankan government rejects A.N.J. De Alwis’ Easter Sunday attacks report October 22, 2024