CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country is going to invest 2 billion dollars in Sri Lanka in the next three-four years.
A
US
B
Russia
C
India
D
Bhutan
Explanation: 

Detailed explanation-1: -International Monetary Fund (IMF) has agreed to provide a 2.9 billion dollar extended facility to Sri Lanka for a four-year period, with conditions on debt restructuring and action on corruption.

Detailed explanation-2: -The World Bank estimates Sri Lanka’s economy will contract by 9.2% in 2022 and 4.2% next year.

Detailed explanation-3: -56.7 billion) in Sri Lanka’s Telecommunications and ICT Infrastructure. The investment comprises $ 112.8 million from Dialog Axiata and $ 39.6 million from its subsidiary Dialog Broadband Networks Ltd.

Detailed explanation-4: -NDB Investment Bank was once again named the ‘Best Investment Bank in Sri Lanka’ at the Asiamoney Best Bank Awards for Sri Lanka 2022.

There is 1 question to complete.