World Bank to allocate USD 250mn policy based guarantee to Sri Lanka for external borrowings: CB Chief

World Bank to allocate USD 250mn policy based guarantee to Sri Lanka for external borrowings

May 29, 2019 (LBO) – The World Bank has offered 250 million US dollars worth policy based guarantee to Sri Lanka for the external borrowings, the Central Bank Governor Indrajit Coomaraswamy said. According to the Governor, under this facility Sri Lanka can leverage the guarantee four times over to borrow money from the international market […]