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US $ 100 million grant from AIIB to support state-owned banks

By Sahan Rathanasekara

May 08, 2022

The Asian Infrastructure Investment Bank (AIIB) is considering a US $ 100 million grant to Sri Lanka, the Ministry of Finance announced.

The Asian Infrastructure Investment Bank (AIIB) has assured that it will continue to assist Sri Lanka in overcoming the crisis.

A statement issued by the Ministry of Finance further stated that Sri Lanka has requested this assistance as a foreign exchange liquidity assistance to state banks.