December: Sri Lanka received USD 787 million dollars in loans

 

In December 2023, Sri Lanka received a second tranche of US dollars 337 million from the IMF, US dollars 200 million from the ADB for various programs, & US dollars 250 million from the World Bank. These disbursements, totalling US dollars 787 million, aim to strengthen budget support and enhance the country’s external buffers – PMD

The Finance Ministry stated that with the USD 780 million notable inflows of foreign exchange to the Government it will reinforce the country’s external buffers. The gross official reserves are expected to surpass over USD 4 billion by the end of 2023, higher than anticipated – PMD

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top