Sunday, 24 February 2019, 03:46:49 am
Govt rejects news about cut in loan estimates
February 09, 2019

The government has refuted a story published in a section of media about cut in loan estimates.

It has been clarified that at the time of Annual Budget 2018-19, the Economic Affairs Division had estimated 4.691 billion dollars of foreign inflows from multilateral and bilateral donors.

However, in view of improved external environment, the Economic Affairs Division increased the Foreign Economic Assistance Estimates to 5.63 billion dollars which is twenty percent higher than the original estimates.