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OCC MOU SIGNEDBILATERAL
India (Government of India / Exim Bank of India)
ඉන්දියාව (ඉන්දීය රජය / එක්සිම් බැංකුව)
India played a crucial financial lifeline role during Sri Lanka's acute 2022 foreign exchange collapse, deploying nearly $4.0 Billion in emergency credit lines, currency swaps, and food/fuel lifelines.
Current Outstanding$1.9 BRs. 573.8 B
Share of Total Debt2%5.2% of External Portfolio
Total Recorded Borrowing$3.6 BFirst: 2008 | Latest: 2025
Principal Repaid$1.7 BInterest: $0.42 B
Restructuring Treatment & Terms
Co-chaired the OCC and signed restructuring agreement in June 2024, reprofiling emergency 2022 credit facilities into long-term sovereign debt extending to 2032.
Typical Rate: 1.75% – 4.50% (Concessional LOCs & Emergency Trade Lines)
Average Tenure: 18 Years (Grace: 4.5y)
Currency Composition
USD92%
INR8%
Major National Infrastructure Projects Financed
Emergency Petroleum Credit Line 2022 ($500M)
Essential Food, Medicine & Fertilizer Credit Facility 2022 ($1,000M)
Northern Railway Line Reconstruction (Omanthai-Pallai-KKS)
Southern Railway Track Rehabilitation
Kankesanthurai Port Rehabilitation