CBSL releases USD 50 million to clear essential food items held at Colombo Port
Posted by Editor on September 29, 2021 - 10:09 am
The Central Bank of Sri Lanka has released approximately USD 50 million to two state banks for clearance of essential food items held up at the Colombo Port, according to its governor Ajith Nivard Cabraal.
If required, more funds will be released for this purpose, the Central Bank Governor said further.
Latest Headlines in Sri Lanka
- CBSL announces relief measures for people and businesses hit by cyclone and floods December 6, 2025
- German Defence Attaché calls on Sri Lanka’s Defence Secretary December 5, 2025
- IMF considers $200 Million aid to Sri Lanka after Cyclone Ditwah December 5, 2025
- Sri Lanka’s 2026 Budget passed in Parliament December 5, 2025
- Sri Lanka reports 607 dead, 214 missing after extreme weather December 5, 2025
The Foreign Currency Reserve is being demolished by the day.
Fuel supplies will disappear in a couple of weeks.
Essential foods will rot in the harbor due to shortage of FC to clear the containers.
The crisis is gripping the entire nation.