Govt. secures $ 200 m World Bank funding for social security project implementation

The Cabinet of Ministers approved to enter into an agreement with the World Bank Group to secure a $ 200 million (around Rs. 66,000 million) loan Grant for the implementation of the ambitious social security project in the country.

“This is the highest amount Sri Lanka has ever received for social security project post-independence,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the post-Cabinet meeting media briefing yesterday.

Govt. secures $ 200 m World Bank funding for social security project implementation | Daily FT

DailyFT

2023-07-26

தொடர்பான தலைப்புக்கள்

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. ...

மேலும் அறிந்து கொள்ள

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.

மேலும் அறிந்து கொள்ள

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.

மேலும் அறிந்து கொள்ள

அனைத்தையும் காட்டு