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 …
India extends under utilized $1 bln credit facility to Sri Lanka by one year
ECONOMYNEXT – India has extended a $1 billion credit facility to Sri Lanka by another year after the loan that was given to help the crisis-hit island nation to continue import of essentials was not …
India extends under utilized $1 bln credit facility to Sri Lanka by one year
ECONOMYNEXT – India has extended a $1 billion credit facility to Sri Lanka by another year after the loan that was given to help the crisis-hit island nation to continue import of essentials was not …
India extends USD 1 Billion Credit Line for Sri Lanka
Sri Lanka signed an agreement with India to extend the USD 1 Billion credit line to import essentials for a period of one year. State – Get the latest breaking news and top stories from Sri Lanka, the …
Sri Lanka’s former finance minister Basil Rajapaksa jets off to the US
Former finance minister and National Organiser of the Sri Lanka Podujana Peramuna (SLPP), Basil Rajapaksa, left for Dubai early on Monday (May 07) aboard an Emirates flight, as per Ada Derana reports.
What happens if Pakistan defaults on debt?
Pakistan is not unique in this regard, despite its leaders proudly claiming that it has never defaulted except on one occasion. Sri Lanka also defaulted in April last year for the first time in its …