India gets bigger for SL with a fresh $ 1 b loan

Free and Open Access to

Public Finance Data and Analysis

data-chart

India gets bigger for SL with a fresh $ 1 b loan

India’s support for Sri Lanka expanded by a further $ 1 billion yesterday when the two countries signed a fresh loan whilst agreeing to a new master framework to further enhance bilateral cooperation.

India gets bigger for SL with a fresh $ 1 b loan

Daily FT

2022-03-18

Related News and Insights

Budget deficit narrows to single digits on higher...

In 2023, Sri Lanka cut its budget deficit to 8.3% of GDP from 10.2% in 2022, despite unpopular tax hikes, in exchange for a $2.9 billion IMF bailout over four years.

Proposed GDP-linked bonds could attract investors

Sri Lanka is restructuring its defaulted $13 billion debt through macro-linked bonds, as reported by the Financial Times. These bonds would track the country's recovery and include GDP...

Sri Lanka to benefit from USD 5 bn Asian Developme...

Donors and the Asian Development Bank (ADB) have committed USD 5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. ADF 14, spanning 20...