Establish EXIM Bank of Sri Lanka
Budget Speech para. 188: "The need for an EXIM Bank is felt more than ever today. As such, we will commence operations of an EXIM Bank during 2017. The EXIM Bank, will have an initial capital of Rs. 25,000 million, and will be a collaboration between the government and the industry. I propose to allocate Rs. 10,000 million as the government's initial contribution for this.
- Allocation (Rs. Mn) : 10,000
- Sector : Exports
- Ministry / Government Institution : Ministry of National Policies and Economic Affairs
Openness Tracker Uncooperative
Information received from RTIs showed that the project was cancelled. The reason for the cancellation was also provided.
Progress Tracker Broken
The proposal was not implemented in 2017 due to funds being reallocated for weather related emergencies.
Sources of Information