World Bank to disburse $700 million to Sri Lanka
Business Standard|May 31, 2022
The World Bank is planning to disburse $700 million to crisis-ridden Sri Lanka by re-purposing its existing loans, a move that will help the island nation grappling with an unprecedented economic crisis much-needed breathing space till a bailout package with the International Monetary Fund (IMF) is worked out, media reports said on Monday.
World Bank to disburse $700 million to Sri Lanka

The World Bank country manager Chiyo Kanda met Sri Lankan foreign minister last week and assured him that the agency will work with the Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and the UN office to "re-purpose their already committed projects," news portal Colombo Gazette reported. "Minister Peiris sought assistance from the World Bank until long term assistance materialises through the IMF, other international institutions and donor countries," the report said, quoting a statement from Sri Lanka's Foreign Ministry.

この記事は Business Standard の May 31, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の May 31, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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