Sri Lanka signs USD 500 mn loan agreement with China

4 weeks ago 58

Sri Lanka signs USD 500 mn loan agreement with China

April 12, 2021   03:07 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.

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