Sri Lanka secures $1 billion loan from China

COLOMBO (News 1st) –  The Governor of Central Bank addressing the press yesterday (August 03), stated that the Sri Lankan Government had secured a US $1 billion Chinese loan. The syndicated loan of $1 billion, is expected in two tranches of $500 million, one in August and the other in October. According to Dr. Indrajit Coomaraswamy,  […]

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