Godahewa admits Indian Credit used for steel importation

Date:

Cabinet Spokesman Nalaka Godahewa yesterday (03) admitted that a portion of the US$ 01 billion Indian credit received for the importation of essential food items and medicines was allocated for the importation of industrial raw materials including steel.

Accordingly, US$ 260 million was allocated from the US$ 01 billion credit line to import industrial raw materials, the Minister acknowledged.

The Cabinet Spokesman made this observation in response to a query by a reporter at the Cabinet press briefing yesterday.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

AIIB Reaffirms Commitment to Supporting Sri Lanka’s Green Energy Drive

President of the Asian Infrastructure Investment Bank (AIIB), Jin Liqun, has...

Motion Submitted to Probe Release of 323 Containers Without Inspection

Colombo, Oct. 2 – A motion seeking the appointment of...

Showers or thundershowers will occur at times in Northern and North-central provinces

Showers or thundershowers will occur in the other areas...

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade

Horton Plains Witnesses Spectacular Bloom of Elusive Nelu Flower After Over a Decade