Wednesday 31 July 2019

480 million aid to Sri Lanka from US

480 million aid to Sri Lanka  from US

The United States (US) has asserted that the Millennium Challenge Corporation's 480 million US dollar aid to Sri Lanka was  not a loan.

the agreement has a five-year term and will not establish any permanent institution or agency.

development agreement consists of projects focused transportation and land management.

terms of the deal are still under discussion.

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