AFD ready to increase non-sovereign euro debt to SL
Looking to increase non-sovereign loans by 20%-25% Fresh funding options open to both public and private sectors SL has sought Euro 200 m as COVID-19 emergency funds in March but yet to be approved By Shihar Aneez The Agency of France Development (AFD) is ready to raise the portfolio of non-sovereign debt to as much as Euro 400 million available in the next three years to Sri Lanka’s public and private sectors given the island nation’s tight fiscal situation, the AFD’s Sri Lanka Country Director Reda Souirgi said on Friday. The AFD, since it started to finance funding to Sri La...
Source: ft.lk