USD121 Mn from first tranche of IMF loan received to SL, paid to India
State Minister of Finance Ranjith Siyambalapitiya says that 121 million US dollars out of 333 million US dollars, the first tranche that was extended to Sri Lanka by the IMF, was used to pay the installment of the Indian credit line.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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