SL gets US $ 150mn ADB loan for COVID-19 vaccine drive

The Asian Development Bank (ADB) and Government of Sri Lanka yesterday signed loan agreements for US $ 150 million under the Asia Pacific Vaccine Access Facility (APVAX) for the procurement of vaccines and other related consumables.

https://www.dailymirror.lk/business-news/SL-gets-US-150mn-ADB-loan-for-COVID-19-vaccine-drive/273-215785

Daily Mirror

2021-07-10

සබැඳි පුවත් සහ විශ්ලේෂණ

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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