Ministry of Finance holds discussions with Saudi Fund for Development

Ministry of Finance holds discussions with Saudi Fund for Development

SFD

A six member delegation led by Dr. R.H.S. Samarathunga, Secretary, Ministry of Finance visited Riyadh from 6 to 9 April 2019 to negotiate  the loan arrangements of “construction of faculty of medicine project of the Sabaragamuwa University in Ratnapura” with Saudi Fund for Development.

This Project was launched with the aim of constructing the essentially needed infrastructure facilities and to provide the students with the state of the art teaching and learning facilities (laboratory and other equipment) at the Faculty of Medicine at Sabaragamuwa University of Sri Lanka.

The Saudi Fund for Development has agreed to provide a concessional loan to Sri Lanka which amounts to SAR 187.5 Million, in this regard.

Embassy of Sri Lanka

Riyadh

09 April 2019

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