Chinese Government provides $90 million grant to the Government of Sri Lanka in October 2020

$90M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sri Lanka
Country	Sri Lanka
Start Date	Oct 11, 2020
End Date	Jun 22, 2029
Duration	3,176 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`95919`

Grant Description

On October 11, 2020, the Chinese Government announced their provision of a USD $90 million grant to Sri Lanka.

According to the Chinese Embassy, this grant will be used for medical care, education, and water supply improvements in Sri Lanka’s rural areas. These allocations are all in an effort to improve Sri Lanka following the COVID-19 pandemic.

This grant comes two days after Sri Lanka’s President, Gotabhaya Rajapaksa, sought help from a visiting Chinese delegation in an effort to disprove the perception that China funded megaprojects are "debt traps."

📚 Sources & References

China grants $ 90M to Sri Lanka after visit by top official
China grants $90M to Sri Lanka after visit by top official
China grants $90M to Sri Lanka after visit by top official
China grants $90 mn to Sri Lanka after visit by top official
China Grants $90M To Sri Lanka Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.