Sri Lanka to seek US$200m from World Bank ...Middle East

COLOMBO: Sri Lanka’s cabinet ministers approved a proposal to start discussions with the World Bank to obtain US$200 million for social security programmes, a spokesman said on Tuesday, reported Xinhua.Bandula Gunawardena told journalists that President Ranil Wickremesinghe made the proposal in his capacity as the finance minister.Gunawardena said that Sri Lanka has agreed to implement a robust social security network to protect the most vulnerable groups in the country as a part of the International Monetary Fund-supported 48-month Extended Fund Facility.He said the World Bank has already agreed to provide a loan of US$200 million to support social security programmes and the discussions wi

Hence then, the article about sri lanka to seek us 200m from world bank was published today ( Tuesday 09/05/2023 - 01:00 PM ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Sri Lanka to seek US$200m from World Bank )

Also on site :

• The Best 5 One Chicago Couples Of All Time
• 17 Athletes to Watch at the 2026 Winter Olympics—Including Lindsey Vonn’s Historic Return
• ‘The Traitors’ Issues Statement Addressing Bullying and Harassment of Cast Members