More International Backing for ‘Malimawa’
Yesterday (19th), the Asian Development Bank approved a concessional loan to the new government led by President Anura Kumara Dissanayake.
This $200 million concessional loan has been approved to reduce the financial sector issues confronted by the Government of Sri Lanka and apply it to various other projects.
Previous governments obtained foreign loans at very high interest through international sovereign bonds, and the stakeholders of those governments declared that the National People’s Power has no international relations.
However, after the new president’s appointment, an open and friendly diplomatic understanding with all international countries and organizations has already been built.
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