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

Share post:

spot_imgspot_img

Popular

More like this
Related

UN Human Rights Chief Visits Chemmani Mass Grave Site in Jaffna

A massive protest began today near the Jaffna entrance,...

PM Harini Amarasuriya Engages Sri Lankan Community in Canada During Official Visit

Prime Minister Harini Amarasuriya took part in a special community...

SLBFE Temporarily Suspends Registration for Construction Jobs in Israel

The Sri Lanka Foreign Employment Bureau (SLBFE) has announced a temporary suspension of...

Govt Boosts SME Sector with Rs. 1 Trillion Support, Development Bank on the Cards

The Sri Lankan government has stepped up efforts to...