LNP – SL signs Rs.61.5 billion loan with China Development Bank

China Development Bank and Sri Lankan Government has entered into an agreement of RMB 2 billion – approximately Rs. 61.5 billion Term Facility today, the Chinese Embassy in Colombo said.

The embassy tweeted that the agreement was signed upon the request from Sri Lanka to support its COVID19 response, economic revival, financial stability and livelihood betterment.