SL receives first disbursement of US$ 250mn for budget support from WB

By: Isuru Parakrama

Colombo (LNW): Sri Lanka has received the first disbursement of US$ 250 million for budget support from the World Bank, announced Finance State Minister Shehan Semasinghe today (04).

“We are pleased the confirm that the first disbursement of US$ 250 million for budget support from the World Bank has been received,” Semasinghe wrote on Twitter.

We are pleased to confirm that the 1st disbursement of US$ 250 out of US$ 500 Mn for budget support from the World Bank has been received. pic.twitter.com/8SVYkUmbnC

— Shehan Semasinghe (@ShehanSema) July 4, 2023

This will be the first disbursement of the US$ 500 million allocated by the World Bank for budget support in Sri Lanka.