IMF grants Sri Lanka $2.6 billion loan

[lkdood]

The International Monetary Fund has approved a $2.6bn (£1.6bn) loan to help Sri Lanka weather the global economic crisis and rebuild war-torn regions.

The first $322m tranche of the 20-month loan is available immediately, with the rest subject to quarterly reviews.

Britain and the US abstained from the vote, citing humanitarian concerns during the government's recent fighting against Tamil Tiger rebels.
Colombo says the money will be used to start the country's "healing process".

Sri Lanka's Enterprise Minister, Anura Priyadarshana Yapa, said the money would pay for post-war reconstruction work in the north and east of the island - areas previously controlled by the rebels.

"We have completely destroyed one of the worst terrorist outfits in the world and it is time to start the reconciling and healing process in our country," Mr Yapa told Reuters news agency on Friday.

BBC


onna NGO/kotiya/sudda salli dunno

JVP/JHU mr wimal mokada kiyan ne ?

good luck to sri lanka

let's hope the money is used to develop the country

oya salli den ne janathwata lokkonta sapa widin ne newei

janathawata jaya wewa

 

[Sudantha_s]

this is first time in history i think

 

[EYE]

onna NGO/kotiya/sudda salli dunno

JVP/JHU mr wimal mokada kiyan ne ?

good luck to sri lanka

let's hope the money is used to develop the country

oya salli den ne janathwata lokkonta sapa widin ne newei

janathawata jaya wewa

u serve white masters well

 

[lkdood]

this is first time in history i think

http://www.imf.org/external/country/LKA/index.htm

 

[lkdood]

u serve white masters well

masters

commonsense not blinded by ideology(communism)

 

[EYE]

masters

commonsense not blinded by ideology(communism)

Colonialism

 

[lkdood]

Colonialism

China, Russia Colonialism

 

[madurax86]

Have you seen the agreement letter? If not just wait for a while, you'll see it does no good in the future the only relative good it does is to anger the eelam tamules that does no good for SL in economy wise

 

[lkdood]

Have you seen the agreement letter? If not just wait for a while, you'll see it does no good in the future the only relative good it does is to anger the eelam tamules that does no good for SL in economy wise

$2.6 billion does no good to the economy

 

[madurax86]

China, Russia Colonialism

 

[madurax86]

$2.6 billion does no good to the economy

yeah this is what it does its another loan lol SL has enough loans dude each sri lankan has more than Rs 77,000/= to pay to the world with this IMF it just goes up so that they can get SL's resources in order for the debt

 

[lkdood]

nice graphics ela machan

 

[madurax86]

nice graphics ela machan

mspaint helps alot !

 

[lkdood]

yeah this is what it does its another loan lol SL has enough loans dude each sri lankan has more than Rs 77,000/= to pay to the world with this IMF it just goes up so that they can get SL's resources in order for the debt

loan one rata hadan na

salli gas wela enawada ?

 

[madurax86]

loan one rata hadan na

salli gas wela enawada ?

බලමුකෝ හැදෙයිද කියලා

 

[sherlock]

thanks 4 info

 

[David Webb]

China, Russia Colonialism

 

[Mal Aiyya]

Ah they approved it?

but what are the basic terms? Any idea? so out of $2.6bn I wonder what percentage would be available for the country...

 

[ratedrkoman]

බලමුකෝ හැදෙයිද කියලා

ai hadei kiyala hithenne nedda ? ( poddak wath ??)

 

[ratedrkoman]

Ah they approved it?

but what are the basic terms? Any idea? so out of $2.6bn I wonder what percentage would be available for the country...

the Gov media says the loan has been granted according to the Govt Conditions only with no strings attached
but i doubt the credibility of the govt media ..........