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Last updateTue, 19 Jun 2018 8am

Local News

Foreign aid received by Sri Lanka has risen.


The amount of foreign funds to Sri Lanka is increasing.  The Ministry of Finance says Sri Lanka has signed MOUs to obtain 244 million US dollars assistance during the first quarter of this year.  Out of this amount, 174 million US dollars is loan agreement.  The rest will be given as direct assistance. The International Development Institute of the World Bank has given more funds.  The value of it is 120 million US dollars. A large amount out of the funds received will be used to develop the Agriculture sector.