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

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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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