Sri Lanka to receive USD 1.69 billion in loans within next 3-5 years: Report

A latest report from the Ministry of Finance indicates that the welfare budget has primarily been used to fund the ‘Aswesuma’ welfare program.

The government has spent only 53% of the welfare budget allocated for the year within the first 8 months up to August, according to a report.

A latest report from the Ministry of Finance indicates that the welfare budget has primarily been used to fund the ‘Aswesuma’ welfare program.

Meanwhile, the report also states that Sri Lanka is expected to receive 1.69 billion US dollars in loans from multilateral agencies within the next 3 to 5 years.