World Bank to disburse USD 700M to Sri Lanka within the next few months
The World Bank Country Manager in Colombo, Chiyo Kanda has assured that approximately USD 700 million will be disbursed to Sri Lanka within the next few months.
This assurance was given during her meeting with Sri Lanka’s Minister of Foreign Affairs, Professor G.L. Peiris on Friday (May 27).
Minister Peiris sought short-term financial assistance from the World Bank until sustainable solutions materialise through the IMF, other international institutions and donor countries, highlighting the severity of the challenges in reducing the budget deficit in the forthcoming budget.
Chiyo Kanda further stated that her office is also working with other organisations such as ADB, Asian Infrastructure Investment Bank (AIIB), and the UN office and encouraging them to ‘repurpose’ their already committed projects to help the people of Sri Lanka at this difficult time.
Just now read on WION (India’s international news channel) that the bill for all the assistance from India and Tamilnadu is about to be sent. Not much, only the Katchatheevu island is expected to be returned. Keep marching and further destabilising the country. China has given up now. So eat the pride, freedom and non-align now.GO GO GOTHA!!! All will be fine!! Anthare brilliant brains can find the solutions!!
The bill for India’s loans and help is on the way! (https://www.youtube.com/watch?v=9PMyd53zlb8). Time to lament and regret the way China was treated. Too late now. As the time goes, the fruits of the Aragalaya will turn out to be very bitter and poisonous.
Similar to India and China, IMF will demand their pound of flesh as well.
Eliminate subsidies, cut luxuries, downsize the public service.
The stolen wealth overseas, if brought back, can make SL loan-free.