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Sri Lanka seeks $656.7m World Bank loan

Dec 18, 2010 8:14:26 PM - yahoo.com
COLOMBO - THE World Bank said Sri Lanka has sought a US$500 million (S$656.7 million) loan from the multilateral body and will be eligible for up to US$465 million of annual funding from next year. 'The government has been seeking about US$500 million from the World Bank,' World Bank's Managing Director Ngozi Okonjo-Iweala told reporters on Saturday after a two-day visit to the island.