22471

05/22/2025

Sri Lanka repays $100million in second installment of loan taken from Bangladesh

Diplomatic correspondent | Published: 2023-09-03 19:12:15

Sri Lanka has paid another $100 million in the second installment out of $200 million loan given by Bangladesh in a currency swap, a Bangladesh Bank spokesperson said on Friday.

Last month Colombo paid $50 million in the first installment of the loan repayment.

Bangladesh lent $200 million from its foreign exchange reserves to Sri Lanka during its economic crisis.

The remaining $50 million is due to be repaid within the current year, said Bangladesh Bank Executive Director and Spokesperson Mesbaul Haque.

Bangladesh extended the dept repayment time to let Sri Lanka time to revive its economy.


Editor & Publisher : Md. Motiur Rahman

Pritam-Zaman Tower, Level 03, Suite No: 401/A, 37/2 Bir Protik Gazi Dastagir Road, Purana Palton, Dhaka-1000
Cell : (+88) 01706 666 716, (+88) 01711 145 898, Phone: +88 02-41051180-81