Tag: Sri Lanka cabinet

Sri Lanka Cabinet did not discuss Katchatheevu issue: spokesman

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Sri Lanka Cabinet did not discuss Katchatheevu issue: spokesman

A view of Katchatheevu in Sri Lanka. | Photo Credit: L. Balachandar Sri Lanka’s Cabinet has not discussed the Katchatheevu issue so far as it was never raised, a government spokesman said in Colombo on April 2, after India’s ruling BJP blamed the Congress for ceding the tiny island to Colombo in 1974. “The Cabinet…

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Sri Lanka cabinet approves $200 mln loan from Asian Development Bank

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Sri Lanka cabinet approves 0 mln loan from Asian Development Bank

A view of the Asian Development Bank. | Photo Credit: Reuters Sri Lanka’s cabinet approved a $200 million loan from the Asian Development Bank (ADB), the Media Ministry said in a statement on September 26, as the country focusses on rebuilding its crisis-hit economy. The funds will be obtained in a five-year loan to help…

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