On Monday, Sri Lanka’s foreign minister Ali Sabry met with a delegation led by the director of Saudi Fund Development (SFD) Mohammed Almasoud, during which Sabry expressed his gratitude of Saudi Arabia’s “continuous assistance despite challenges” as well its support for an extension of an International Monetary Fund loan.
On Twitter, Sabry stated:
It was good to meet with the Saudi Development Fund delegation. We are grateful to the Fund for continuous assistance despite challenges & the support extended towards IMF assistance.
The longstanding Sri Lanka-Saudi bilateral relationship will grow from strength to strength. pic.twitter.com/Ei2OFBuRua— M U M Ali Sabry (@alisabrypc) February 27, 2023
Arab News reports that the SFD has granted at least 15 development loans worth $425 million to Sri Lanka, which have financed various projects in water, energy, health, roads, and education. This has included support for the development of the PBC Highway, which connects the country’s central and eastern provinces.
The SFD reported expressed support for the financing of a bridge in eastern Sri Lanka, which cost around $5.4 million.
Read more here.
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
