Tag: Government to borrow up to USD300mn from banks in 1Q 2018

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Government to borrow up to USD300mn from banks in 1Q 2018

Mar 21, 2018 (LBO) – Cabinet approval has been granted on Tuesday to obtain up to a maximum of 300 million US Dollars from banks. Accordingly, Government will borrow up to 300 million US Dollars from Bank of Ceylon, People’s Bank and other registered foreign banks in Sri Lanka.“Since it is advantageous to Release Sri […]