In a significant boost to Sri Lanka’s financial stability, State Minister of Finance Shehan Semasinghe took to Twitter to announce that the country has received the first disbursement of US$250 million out of a total of US$500 million for budget support from the World Bank. This timely infusion of funds comes as welcome news for the government and will help address key economic challenges and support the country’s development goals.
“We are pleased to confirm that the 1st disbursement of US$ 250 out of US$ 500 million for budget support from the World Bank has been received”
