Multilateral
donor agency withdraws 50% of its committed concessionary
funding for the country after being unutilised in the past
4 years
At
a time when concessionary lending is scare Sri Lanka had left
US$468.4 million approved by the World Bank (WB) for the past
four years undisbursed to any project suffering the fate of
its withdrawal.
Laments
21st century approach to development absent
in Sri Lanka
Top
architect and Chamber of Construction Industry
(CCI) President Surath Wickramasinghe has strongly
emphasised the need for a Construction Bank
in the country.
His recommendation for such a Bank is to resolve
the inherent and major problem faced by the
construction industry with regard to easy access
to finance at competitive terms.
Top
architect and Chamber of Construction Industry
(CCI) President Surath Wickramasinghe has strongly
emphasised the need for a Construction Bank
in the country.
