US$ 500 million credit for raw materials for local industries

Date:

Sri Lanka will receive US$ 500 million under the Indian debt facility for the importation of goods including raw materials for local industries, revealed the Industry Ministry.

Accordingly, the goods will be imported to the country expeditiously based on priority, said General (retired) Daya Ratnayake, Secretary to the Industry Ministry.

He added that the shortage of many essential raw materials may be eliminated within the next few weeks.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Begins Pilot Project to Deliver Birth Certificates via Postal Courier

Sri Lanka Begins Pilot Project to Deliver Birth Certificates via Postal Courier

Badulla Estate Workers Praise Wage Increase, Condemn Opposition’s Empty Promises

Badulla Estate Workers Praise Wage Increase, Condemn Opposition’s Empty Promises

Committee Submits Proposals to Replace Controversial Anti-Terror Law in Sri Lanka

Committee Submits Proposals to Replace Controversial Anti-Terror Law in Sri Lanka

Animal Welfare Group Urges Swift Action as Stray Dog Crisis Escalates in Sri Lanka

Animal Welfare Group Urges Swift Action as Stray Dog Crisis Escalates in Sri Lanka