No more big foreign loan projects

Sri Lanka will no longer go for expensive foreign loan-funded projects, the financing model that was its key recourse in the past. Sri Lanka was also looking for more backing from the World Bank (WB) and the Asian Development Bank (ADB), institutions whose lending procedures had been deemed too cumbersome and protracted in the past.

http://www.sundaytimes.lk/210523/news/no-more-big-foreign-loan-projects-444812.html

Sunday Times

2021-05-23

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