Finance Minister to soon leave for India to sign agreement for US$ 01 bn facility

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Finance Minister Basil Rajapaksa is set to leave for India within the next two weeks to sign the final agreement for a fiscal facility of US$ 01 billion, revealed Foreign Minister G.L. Peiris, speaking to media in Anuradhapura yesterday (13).

“Honourable Finance Minister Basil Rajapaksa went to India and held discussions. They turned out to be very fruitful for Sri Lanka. Mr. Basil Rajapaksa laid foundation to being received a fiscal facility of about US$ 2.4 billion from India,” Peiris said.

The Foreign Minister added: “From it, first we are about to receive US$ 01 billion; for food and medicine. Mr. Basil Rajapaksa, I think, expects to leave for New Delhi within the next two weeks to sign the final agreement in this regard. All of these reveal the success of our foreign policy, that we are not isolated in these problems.”

MIAP

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