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Reserves will remain above US $ 3Bn by end of 2021: CBSL

Usa Sri Lanka covid-19 economy Government
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COLOMBO (News 1st); The Central Bank of Sri Lanka says that it is currently taking measures to ensure that, by the end of 2021, official reserves will remain above USD 3 billion.

In a release, the CBSL states that the Sri Lankan economy showed resilience throughout 2021 despite the headwinds of the economic impact of COVID-19 and challenges posed by adverse developments in the external sector.

Moreover, Sri Lanka successfully met its debt obligations by repaying foreign loans, including the payments of the International Sovereign Bonds as well, CBSL says.The release further reads that since the beginning of the year, both the Central Bank and the Government have been actively pursuing possible avenues to replenish official reserves, with an.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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