Press briefing of Cabinet Decision taken on 2021-10-25

Project for the construction of a Faculty of Medicine for the University of Moratuwa

- Approval of the Cabinet has previously been granted to establish a Faculty of Medicine for the University of Moratuwa and the Kuwait Fund for Arab Economic Development has agreed to grant funds required for the same. Accordingly, the proposal made by the Minister of Finance to enter into an Agreement to obtain Kuwait Dinars 10 million (approximately US$ 33.2 million) for the proposed Project, was approved by the Cabinet.