Korean Exim Bank to Resume Financial Support for Sri Lanka

The Korean Exim Bank has confirmed its intention to resume financial support for development projects in Sri Lanka, following a recent meeting with President’s Secretary Dr. Nandika Sanath Kumara.

Previously, the bank had suspended financial assistance due to the country’s economic crisis. However, representatives from the Korean Exim Bank have now indicated plans to reinstate funding and provide concessional loans for local projects in the near future.