China extends 300 Million Yuan to Sri Lanka to procure essentials

China extends 300 Million Yuan to Sri Lanka to procure essentials

China extends 300 Million Yuan to Sri Lanka to procure essentials

Written by Zulfick Farzan

03 May, 2022 | 5:39 pm

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.

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