USD 175 mn from ADB for SL’s fight against COVID-19

Free and Open Access to

Public Finance Data and Analysis

data-chart

USD 175 mn from ADB for SL’s fight against COVID-19

The Government yesterday announced $ 175 million funding from the Asian Development Bank to curb the spread of the COVID-19 pandemic and improve overall health in the country.

https://www.ft.lk/front-page/175-m-from-ADB-for-SL-s-fight-against-COVID-19/44-722175

Daily FT

2021-08-25

Related News and Insights

SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.