It is learnt that the long awaited facility would be received by Sri Lanka around 10 January 2022. The facility has been negotiated between officials from Sri Lanka and India since September this year. Meanwhile, the Government is to receive $ 1.5 billion from China, and the facility is expected to reach state coffers this week, it is learnt. “We will receive $ 1.5 billion from China and then the $ 400 million swap with India by 10 January 2022. However, Cabraal has remained tight-lipped on the source of the expected foreign inflows.

Source: The Nation December 25, 2021 22:10 UTC