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Sri Lanka’s housing authority is confronting a financial crisis of unprecedented proportions, with more than Rs.17 billion in unpaid commitments and capital requirements threatening to prolong the country’s long-running cycle of abandoned housing projects and frustrated beneficiaries. The National Housing Development Authority (NHDA), already under scrutiny over alleged administrative misconduct and questionable past projects, is […] The post Rs.17 Billion NHDA Burden Threatens Housing Promises appeared first on Lankanews.lk .

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