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Message: <blockquote data-quote="sudumalli2009" data-source="post: 25735321" data-attributes="member: 294444">#SriLanka <img class="smilie smilie--emoji" loading="lazy" alt="🇱🇰" title="Flag: Sri Lanka    :flag_lk:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f1f1-1f1f0.png" data-shortname=":flag_lk:" /> spent $104.3 million to build Lotus Tower with borrowings at commercial rates (~11%), funded by EXIM Bank of People's Republic of China. Then cancel the LRT project that gave the country a 14 year grace period at 0.01% interest rate. Then we built an airport for $210 million that lies empty. Again borrowings at commercial rates. <a href="https://lnkd.in/gA2HpGx" target="_blank">https://lnkd.in/gA2HpGx</a>Then we spent $ 26 million to build a cricket stadium that has hosted no matches. <a href="https://lnkd.in/gGpirNa" target="_blank">https://lnkd.in/gGpirNa</a>$15.3 million to build an empty convention center.<a href="https://lnkd.in/gyU-wcz" target="_blank">https://lnkd.in/gyU-wcz</a> These unproductive projects equate to 18% of the project cost for building a modern LRT in #Colombo!LRT - Project <a href="https://www.unescap.org/sites/default/files/10.%20LRT-Colombo-Mr.Chaminda.pdf" target="_blank">https://www.unescap.org/sites/default/files/10. LRT-Colombo-Mr.Chaminda.pdf</a>-FB-</blockquote>

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