Sri Lanka given US$4.0bn dollars of support from India: envoy

India has so far given Sri Lanka about 4.0 billion US dollars in financing in 2022, High Commissioner Gopal Bagley told reporters as a second consignment of fertilizer landed in Colombo financed by a credit line from his country.

Economy Next

2022-08-23

Related News and Insights

Tea Board optimistic about increased crop yield th...

The Sri Lanka Tea Board (SLTB) remains optimistic about reaching 260 million kilograms with the implementation of a Rs.1.2 billion fertiliser subsidy for smallholder farmers this year.

Find Out More

Sri Lanka achieves 106% of tax target

Sri Lanka has exceeded its tax revenue target for the first quarter of 2024, achieving 106% of the set goal. The Inland Revenue Department (IRD), Sri Lanka Customs, and the Excise Departme...

Find Out More

IMF third tranche hinges on proposed PFM Act: Dr....

The proposed Public Financial Management (PFM) Act is crucial for securing the disbursement of the third tranche of the IMF's $3 billion bailout package.

Find Out More

View All