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September 24, 2026

3 developments

  1. Cabinet approves first yuan-denominated loan

    $500 million in renminbi from Exim Bank will fund Central Expressway Section I, with Sri Lanka self-funding $438 million.

  2. Domestic contractors object

    Five local firms urged competitive tenders, but Colombo kept the Chinese contractor MCC.

  3. Borrowers' Platform prepares to meet

    The new UNCTAD forum's first governing council meeting was set for Bangkok in October.

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