Sri Lanka’s external...

The highest amount was committed for the railway sector, which was US $ 79.8 million from China, while the small and medium enterprises sector received commitments of US $ 75 million from the ADB.

In addition, total foreign financing disbursements made for development projects and programmes during the period from January 1 to April 30, 2018, amounted to US $ 512.1 million, which is also led by China and ADB.

The majority of the disbursements were from the loan agreements signed with the ADB, which is almost 45 percent, followed by China (18 percent) and Japan (11 percent).

The majority of the disbursements were in lieu of the projects implemented under the roads & bridges sector accounting for almost 27 percent, followed by the finance & governance sector at 24 percent, power & energy sector at 8 percent and SME sector at 7 percent.

As of April 30, 2018, the total undisbursed balance of foreign financing available from the already committed loans that are to be utilized in next 3-5 years stood at US$ 8,870.4 million.

Almost 28 percent or US$ 2,513.0 million has been committed for roads and bridges sector while US$ 2,070.5 million is committed to water supply and sanitation sector.

Foreign investors sold government securities worth a net Rs.3.5 billion (US $22.11 million) in the week ended June 27, bringing the outflows so far this year to Rs.29 billion, the Central Bank data showed.