Sri Lanka inks Rs. 61.5B Term Facility with China Development Bank
Posted on August 17th, 2021

Courtesy Adaderana

The Government of Sri Lanka and the China Development Bank have entered into an agreement of RMB 2 billion – approximately Rs. 61.5 billion – Term Facility today (August 17), the Chinese Embassy in Colombo announced.

In a tweet, the embassy stated that the agreement was signed upon the request from Sri Lanka to support its COVID19 response, economic revival, financial stability and livelihood betterment.

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