Sri Lanka signs USD 500 million loan agreement with China
Posted by ONLANKA Newsroom 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
- Five MoUs exchanged between Sri Lanka and Vietnam in Colombo May 8, 2026
- Vietnamese President To Lam officially welcomed in Sri Lanka May 8, 2026
- Sri Lanka to launch long-awaited PayPal receive-money service May 8, 2026
- Former SriLankan Airlines CEO Kapila Chandrasena found dead May 8, 2026
- Vietnamese President To Lam arrives in Sri Lanka for state visit May 8, 2026