EXIM BANK through the Government of India extends a short-term line of credit of USD 55 Million to the Government Of The Socialist Republic Of Sri Lanka

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LOC Agreement of USD 55 mn was signed by Mr. K. M. Mahinda Siriwardana, Secretary, Ministry of Finance, Economic Stabilization and National Policies, Government of the Socialist Republic of Sri Lanka, and Mr. Nirmit Ved, General Manager, Exim Bank, in the presence of the Prime Minister, Government of the Socialist Republic of Sri Lanka, H.E. Mr. Ranil Wickremesinghe and the High Commissioner of India to Sri Lanka, H.E. Mr. Gopal Baglay, in Colombo on June 10, 2022.

Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Short Term Line of Credit (STLOC) of USD 55 mn to the Government of the Socialist Republic of Sri Lanka for financing Procurement of Urea Fertiliser.

Source: https://www.eximbankindia.in/press-releases-details.aspx?pressid=436