Hirunews Logo
India+commits+over+1000+dollars+in+grants
Monday, 02 July 2012 - 12:43
India commits over 1000 dollars in grants
8

Shares
1,004

Views

India has committed 740.8 million US dollars out of 1,015 million US dollars of foreign financing to Sri Lanka in the first four months of 2012, including 275.1 million US dollars as an outright grant.

The massive grant, which is unusual in Sri Lanka's recent history, will go to construct 49,000 houses in North, East, Central and Uva provinces.

Japan had committed 175.3 million US dollars of financing including 12.6 million in grants, the Netherlands 102.5 million and China, a major financier in recent years had only committed 32.5 million US dollars in fresh financing.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE