Out of the $ 700 million loan Sri Lanka requested from the China Development Bank (CDB) last year, $ 500 million is expected to be provided to the country as a dollar credit this month, The Sunday Morning Newspaper reported.
Treasury Secretary S. R. Attygalle told the Sunday Morning Newspaper that the remaining 200 million is renminbi denominated credit and would be issued to the country during Sri Lankan President Gotabaya Rajapaksa’s upcoming visit to China.