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
- SriLankan Airlines completes bond restructuring with over 99% participation March 20, 2026
- Sri Lanka, Japan hold high-level defence talks in Japan March 19, 2026
- Ex-SriLankan CEO claims Rs. 60 Million paid to Mahinda Rajapaksa in Airbus deal March 19, 2026
- Opposition files no-confidence motion against Energy Minister Kumara Jayakody March 19, 2026
- Sri Lanka, Qatar hold urgent talks as Middle East tensions rise, call for stability March 19, 2026
