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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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JICA pledges Rs14bn development loan to Sri Lanka EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

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JICA pledges Rs14bn development loan to Sri Lanka EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
JICA pledges Rs14bn development loan to Sri Lanka EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
JICA pledges Rs14bn development loan to Sri Lanka EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

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JICA pledges Rs14bn development loan to Sri Lanka EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

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    JICA pledges Rs14bn development loan to Sri Lanka

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    JICA pledges Rs14bn development loan to Sri Lanka Empty JICA pledges Rs14bn development loan to Sri Lanka

    Post by Backstage Thu Sep 01, 2016 10:35 am


    JICA pledges Rs14bn development loan to Sri Lanka
    Author LBO
    Posted on August 31, 2016

    Aug 31, 2016 (LBO) – The Japan International Cooperation Agency (JICA) has agreed to provide a development policy loan of 14.4 billion rupees (JPY10,000mn) for Sri Lanka’s development agenda.

    These funds will be utilized for private sector development, governance improvement and fiscal consolidation.

    The loan is provided at a concessionary interest rate of 1.4 percent per annum with a repayment period of 25 years including 7 years of grace period.

    In order to improve fiscal sustainability, the cabinet has approved setting up a debt management unit under Finance Ministry and to submit a proposal to Parliament to repeal the Strategic Development Projects Act 2008.

    To enable private sector competitiveness, the cabinet has decided to draft a new Secured Transactions Bill that will included provisions to facilitate the use of movable assets as collateral for bank loans.

      Current date/time is Tue Jun 18, 2024 7:01 am