Sri Lanka welcomes US$ 350mn ADB loan to stabilise economy
State Minister of Finance Shehan Semasinghe welcomed Asian Development Bank’s approval of US$ 350 million loan to Sri Lanka for the stabilisation of the economy.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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