Sri Lanka’s foreign reserves surge to $6.5 billion with IMF support
Posted by Editor on November 12, 2024 - 9:55 pm
(Photo by Christoph Theisinger on Unsplash)
Sri Lanka’s official foreign reserves were recorded at USD 6.5 billion as of October 2024.
This was highlighted in a report by Fitch Ratings, marking an 81% increase compared to October 2023.
Fitch Ratings attributed this growth to the impact of the International Monetary Fund (IMF) program.
Latest Headlines in Sri Lanka
- NPP, SJB in power struggle for Colombo Municipal Council May 13, 2025
- 37 injured in pilgrimage bus accident at Aladeniya May 13, 2025
- British woman caught with Rs. 460 million worth of Kush cannabis at BIA May 12, 2025
- President Dissanayake calls for unity and justice on Vesak Day May 12, 2025
- Maduru Oya helicopter crash: Defence Ministry thanks civilians and rescuers May 11, 2025
No more!
The next Gas Polima era will commence on the 21st Nov with the New Parliament and the JVP’s financial wisdom.