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India gave $100 million loan to Sri Lanka

The Export-Import Bank of India (Exim Bank) has provided a line of credit of $100 million to the Government of Sri Lanka on behalf of the Government of India. This line of credit has been provided for financing solar energy sector projects in Sri Lanka.

On behalf of the Government of Sri Lanka on this loan arrangement, the Secretary of the Ministry of Finance, S. R. Signed by Ettigel and Gaurav Bhandari, Chief General Manager, Exim Bank. The agreement was exchanged between Mr. Attigel and High Commissioner of India to Sri Lanka Gopal Baglay at the President’s Secretariat, Colombo on June 16, 2021.
Sri Lankan President Gotabaya Rajapaksa and Minister of State Duminda Disanayake were present on the occasion.