Tuesday, November 10 2026
MONETABRIEF – Sri Lanka's cabinet has approved borrowing 200 million US dollars from the Asian Development Bank for budget support and lending to small and micro enterprises.
A tranche of 100 million dollars will be policy based (budget support) linked to creating a strong and inclusive financial system for small, medium and micro enterprises, he said.
The balance 100 million dollars, will be used to for making financial interventions (loans).
The loans are part of 620 million dollars expected from the ADB through 5 sub-programs. (Colombo/Nov10/2026)
| 3 month bill | 9.26% | 1bp ▲ |
| 12-m bill | 9.95% | 2bp - |
| Gold (Ounce) | $4015 | - ▼ |
Comments
Be the first person to comment and join the debate