The credit facility extension, which will last until March 2024, was granted by India in response to a specific request from the Government of Sri Lanka.
Sri Lanka welcomes US$ 350mn ADB loan to stabilise economy
State Minister of Finance Shehan Semasinghe welcomed Asian Development Bank’s approval of US$ 350 million loan to Sri Lanka for the stabilisation of the economy. ..
Home Lands Skyline embarks on Greendale Resort Apartments project
Home Lands Skyline, known for its groundbreaking solutions provided to the real estate arena of Sri Lanka, yet again has embarked on a next generation resort apartment project, Greendale Resort …
Sri Lankan shares end lower; LOLC Finance, consumer staples weigh
May 30 (Reuters) – Sri Lankan shares closed lower on Tuesday, dragged by losses in consumer staples stocks and LOLC Finance. * The CSE All Share index settled down 0.5% at 8,532.60, falling for four …
Sri Lankan shares end lower; LOLC Finance, consumer staples weigh
May 30 (Reuters) – Sri Lankan shares closed lower on Tuesday, dragged by losses in consumer staples stocks and LOLC Finance. * The CSE All Share index settled down 0.5% at 8,532.60, falling for four …
India extends $1-bn credit facility for Sri Lanka by one year
India provided economic aid worth almost $4 billion, including lines of credit to purchase food, fuel and medicines, currency support and deferred payment of loans, to Sri Lanka last year …
India extends $1-bn credit facility for Sri Lanka by one year
India provided economic aid worth almost $4 billion, including lines of credit to purchase food, fuel and medicines, currency support and deferred payment of loans, to Sri Lanka last year …
India extends credit facility of USD 1 billion available to Sri Lanka for use till March 2024
In Sri Lanka, an Amendment Agreement to extend the tenure of a USD 1 billion Credit Facility was signed today. The agreement marks an important step in continuing the financial support provided by fro …
State Minister welcomes ADB loan, assures Sri Lanka’s commitment to reforms
State Minister of Finance Shehan Semasinghe has assured that Sri Lanka will remain committed to the reforms required to return to a sustainable debt trajectory, addressing both internal and external i …
State Minister welcomes ADB loan, assures Sri Lanka’s commitment to reforms
State Minister of Finance Shehan Semasinghe has assured that Sri Lanka will remain committed to the reforms required to return to a sustainable debt trajectory, addressing both internal and external i …