Economy & Markets

Stopgap

State run Bank of Ceylon has lent US$ 75 mn to the government help bridge the budget deficit.The one-year loan is priced at 192 basis points above the …

Short Break

The Central Bank has deferred its planned roadshow to raise dollar funds for the government.The US$ 100 mn fund raising exercise was due to kick off on Monday, …

AID Flow

The concessionary loans, a total of US$ 50 million, topped off with US$ 10 million from the government will go towards poverty elevation and development of …