SL to obtain USD 100 Mn supplementary loan from World Bank to procure Covid-19 vaccines

The government plans to obtain a USD 100 million supplementary loan facility from the World Bank to procure 14 million doses of the Pfizer COVID-19 vaccine and to finance the other costs related to vaccination.

https://www.dailymirror.lk/business-news/SL-to-obtain-US-100mn-supplementary-loan-from-WB-to-procure-COVID-19-vaccines/273-220927

Daily Mirror

2021-09-23

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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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