ABU DHABI/WAM Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the ...
Read More »ADB offers US$2bn for Lanka’s recovery
Colombo / AFP The Asian Development Bank on Tuesday announced over $2.0 billion in loans and equity to Sri Lanka, which is in negotiations with the International Monetary Fund for a bailout. ADB president Takehiko Nakao said the money would be used to finance expressways, railways, power generation and education. It covers 2016 through 2018 and compares with $1.5 billion ...
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