President authorizes Finance Secretary to sign credit arrangement with
South Korea
[July
14, 2005 - 6.00 GMT]
President Chandrika
Kumaratunga has authorized the Finance Secretary to sign the credit
arrangement between the Government of Sri Lanka and the Government of
the Republic of
Korea.
In terms of the
Foreign Loans Act No. 29 of 1957 and subsequent amendments, the
President authorized Finance Secretary Dr. P. B. Jayasundera, to sign on
behalf of the GOSL the credit arrangement between the Governments of Sri
Lanka and the Korean
Republic. The said Korean credit facility
from the Economic Development Cooperation Fund (EDCF) of the
Export-Import Bank of the Republic
of Korea will fund the
Re-engineering Government Programme of the E-Sri Lanka Project.
President in her
written authorization dated 27th
June 2005, states the authority granted to Finance Secretary
would not be revoked without prior notice to EDCF of the Export-Import
Bank of the Republic
of Korea.
PRINT
THIS STORY
Contact Information: Send mail to gosl@presidentsl.org with questions or comments about this web site.
Last Updated
Date: July 14, 2005 - 6.00 GMT |
