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No more foreign loans: Govt. Decides

02 Dec 2020

The Cabinet and the Government have decided that Sri Lanka will no longer obtain foreign loans to implement projects, said Government Spokesperson and Minister of Mass Media Keheliya Rambukwella. [caption id="attachment_34753" align="alignleft" width="300"] Minister of Mass Media Keheliya Rambukwella.[/caption] He mentioned this yesterday (1) during the online press conference held to inform Cabinet decisions. The Government Spokesperson said that in the future, the Government will use the Build-Operate-Transfer (BOT), Build-Own-Operate (BOO), and Public-Private Partnership (PPP) approaches or foreign investments for projects. Rambukwella added that if Sri Lanka continues to obtain more loans, it will exceed the country’s Gross Domestic Product (GDP). 

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


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