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
- Sri Lanka extends income tax return deadline due to Cyclone Ditwah December 6, 2025
- 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
No more!
The next Gas Polima era will commence on the 21st Nov with the New Parliament and the JVP’s financial wisdom.