India, US, Japan secure USD 2.286 bn IMF bailout for Sri Lanka

Mar 26, 2023

After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7bn...

Sri Lanka gets one more year to repay USD 200 mln bailout fund to Bangladesh

May 09, 2022

Colombo [Sri Lanka], May 9 : As cash-strapped Sri Lanka struggles to emerge out of a deepening economic crisis, Bangladesh has extended the term...

Asian Development bank approves USD 100 million loan for Sri Lanka

Sep 12, 2024

The Asian Development Bank (ADB) has approved a USD 100 million policy-based loan to support Sri Lanka's water supply and sanitation sector reforms.

Sri Lanka's economy worsens, Forex reserves plummeting to USD 500 million

Apr 04, 2022

Colombo [Sri Lanka], April 4 : Financial crisis in Sri Lanka continues to worsen with the Forex reserves plummeting to USD 500 million.

China to provide 300mn yuan loan to Sri Lanka amid economic crisis

May 03, 2022

Colombo [Sri Lanka], May 3 : China has decided to provide a loan of 300 million yuan to Sri Lanka amidst the unprecedented economic...

WHO pledges to provide USD 4 million worth medical supplies to Sri Lanka

Aug 26, 2022

Colombo [Sri Lanka], August 26 : The World Health Organization (WHO) has pledged to provide essential medical supplies worth USD 4 million to Sri...