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

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

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

Written by Staff Writer

17 Aug, 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.

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