LITRO commences settling WB debt

Date:

The state-run LITRO Gas Company said it commenced the repayment for the credit facility provided by the World Bank for uninterrupted gas supply.

LITRO Chief Muditha Peiris told media that by September a sum of Rs. 6.5 billion was settled to the General Treasury and by October, a sum of Rs 08 billion will be repaid.

Accordingly, the total credit facility of US $ 70 million (LKR 26 billion) will be repaid to the General Treasury by December this year, said the state-run gas distributor’s Chief.

MIAP

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