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

தொடர்பான தலைப்புக்கள்

Government introduces new expenditure and relief t...

On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...

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Public debt grew more slowly in the first three qu...

Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.

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SL exits ’Restricted Default’ rating

Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...

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