SL signs Rs. 61.5 Bn Term Facility with China

Sri Lanka signs Rs. 61.5 Bn Term Facility with China Development Bank

by Staff Writer 17-08-2021 | 1:52 PM

COLOMBO (News 1st); The China Development Bank and Sri Lankan Government entered into an agreement of RMB 2 Billion (approx LKR 61.5 Billion) Term Facility on Tuesday (17).

The Chinese Embassy in Sri Lanka Tweeted that this agreement was signed upon a request from Sri Lanka to support its #COVID-19 response, economic revival, financial stability and livelihood betterment.