Lanka Business Online

China Development Bank agrees to provide RMB 2Bn term facility to Sri Lanka

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China Development Bank and Sri Lankan Government have entered into an agreement of RMB 2 Billion (approx LKR 61.5 Billion) Term Facility today, the Chinese Embassy in Sri Lanka said.

The facility is to be used to support Sri Lanka’s COVID-19 response, economic revival, financial stability, and livelihood betterment.

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