China extends 300 Million Yuan to Sri Lanka to procure essentials

COLOMBO (News 1st); The Chinese Government has decided to award a grant of 300 Million Yuan to Sri Lanka to procure medicine, food, fuel and other essential commodities.

A statement from the Prime Minister's Office said that the grant was a result of a conversation held between Sri Lankan Prime Minister Mahinda Rajapaksa and Chinese Premier Li Keqiang on the 22nd of April.

With this grant, China has extended a total aid package of 500 Million Yuan which is approximately USD 76 Million, said the statement.