IMF bailout: SL expects first tranche of USD 320Mn within two weeks

20 March 2023 05:50 pm Views - {{hitsCtrl.values.hits}} 5 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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State Minister of Finance Ranjith Siyambalapitiya said that Sri Lanka may receive the first tranche of US$ 320 million of the International Monetary Fund (IMF) bailout package of US$ 2.9 billion within the next two weeks.

He said the IMF Executive Committee is scheduled to meet today (20) at 10 pm US time to take a decision on the extended loan amount to be given to Sri Lanka.

The State Minister said that the full amount will be received in eight tranches in the next 4 years. (Darshana Sanjeewa Balasuriya)

Comments - 5

Sam Silva Monday, 20 March 2023 06:11 PM

If received make sure it is put into good use but not for your all to squander.

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RR Monday, 20 March 2023 06:56 PM

FROM 4 BILLION COME DOWN TO 320 MILLION. WHY??? RANIL HAS FAILED LIKE GOTA

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Nilmini Welivita Tuesday, 21 March 2023 03:36 AM

Wow let's celebrate this unpresidented windfall. Let's thank Ranil and the pohottuwa ministers and their parents for bringing such wonderful people into this world.

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Sambo Tuesday, 21 March 2023 10:48 AM

So it's Christmas for a few politicians again. Now will re commence new projects.

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Vadivelu Yogaratnam Tuesday, 21 March 2023 02:33 PM

For god sake don't allow Rajapaksa's family goons lay there hands on them then u know the end result.

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