Sri Lanka promised loans by World Bank
COLOMBO: A senior World Bank official has wrapped up a visit to Sri Lanka promising nearly half a billion US dollars in loans for the country's economic recovery after decades of ethnic war.
The World Bank has reaffirmed its strong and expanding support to Sri Lanka as it transitions towards a middleincome country in lasting peace. Sri Lanka's economy is set to grow by a strong nine percent in 2011, up from 3.5 percent in 2009 when government forces were locked in a final battle with Tamil Tiger rebels. - PB News