Govt. signs $ 203 m loan with ADB, JFPR for food security and livelihood recovery

The Asian Development Bank (ADB) and the Government yesterday signed loan agreements for $ 200 million to finance the implementation of Food Security and Livelihood Recovery Emergency Assistance Project.
The project aims to ensure access to food and protect livelihoods of the poor and vulnerable, especially women and children. The loan of $ 200 million will be provided from ADB’s Ordinary Capital Resources.

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2022-09-10

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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. ...

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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.

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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.

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