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Sri Lanka Signs Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD)
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Sri Lanka and Saudi Arabia formalise debt deal in boost to economic recovery efforts - LNW Lanka News Web
July 15, Colombo (LNW): Sri Lanka has officially concluded a key bilateral agreement with the Saudi Fund for Development (SFD), marking a notable advancement in the nation’s broader strategy to restructure its external debt amidst ongoing fiscal recovery efforts. The pact, formalised on July 14, 2025, involves the amendment and restructuring of existing loan arrangements, totalling more than 516 million Saudi Riyals. The agreement was signed by …
Sri Lanka signs SAR 517 Million debt deal with Saudi Fund
The Government of Sri Lanka has signed Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD), marking a key step in the country’s external debt restructuring process. The Ministry of Finance, Planning, and Economic Development confirmed that the agreements were signed yesterday (July 14). The Kingdom of Saudi Arabia has continued to support Sri Lanka by disbursing loans even after the country declared a debt standstill d…
NEWSNOW | – The 11th development project undertaken by Saudi Arabia in Sri Lanka, the ‘Wayamba University City Development Project’, is scheduled to be opened for public use today (14). The Saudi Fund for Development (SFD) has provided 105 million Saudi Riyals (SAR) or 8780 million Sri Lankan Rupees for this project. The project includes the construction of new buildings, classroom improvements, enhancement of educational resources in existing f…
Sri Lanka signs Bilateral Amendatory Loan Agreements with the Saudi Fund for Development (SFD)
COLOMBO (News 1st): The signing of Bilateral Amendatory Loan Agreements with the Saudi Fund for Development in relation to the present External Debt R - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network.
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