INSUBCONTINENT EXCLUSIVE:
The Embassy of the United States of America announced today that the United States International Development Finance Corporation (DFC)
States has provided foreign assistance, loans, and trade opportunities to help grow the Sri Lankan economy and support the Sri Lankan
bank, to expand lending to micro-, small-, and medium-sized enterprises (MSMEs) and address the credit gap for women-owned businesses, which
represent 25% of MSMEs in Sri Lanka.In addition, DFC announced a USD 15 million loan to BPPL Holdings PLC, a polyester yarn manufacturer
private sector to finance solutions to critical challenges, investing across sectors including energy, health care, critical infrastructure,
investments adhere to high standards and respect the environment, human rights, and worker rights.These announcements may be subject to
congressional notification in Washington and other administrative approvals
The U.S embassy said more information will be made available when funds are ready for disbursement.
This article first appeared/also appeared in https://adaderana.lk
