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

සබැඳි පුවත් සහ විශ්ලේෂණ

Tight fiscal expected even after successful debt r...

Sri Lanka will be in a very tight fiscal situation even after a successful debt restructuring as the country will have to pay about 6-7% of GDP in interest payments till 2028, a former IMF official said.

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CoPF conditionally approves bill to suspend parate...

The Committee on Public Finance, chaired by Dr. Harsha De Silva, approved amendments to suspend Parate Law until December 15. Inquiries were made about loan distribution under Parate Law,...

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President announces sharp daily wage hike for plan...

President Ranil Wickremesinghe announced a 70% increase in the daily wage for plantation workers during the May Day rally of the Ceylon Workers’ Congress in Kotagala. Daily wage rais...

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