By Pravin Mendis

The Government of India has offered the Sri Lankan Government a credit facility of US$ 100 million of which US$ 45 million, the first tranche for this year is now open to the local market for the importation of capital goods, consumer durables and food items.The three - year credit facility will be provided in three tranches of US$ 45 million, 50 million, 25 million for 2001,2002 and 2003 respectively.
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