Litro begins settling credit facility provided by WB

INSUBCONTINENT EXCLUSIVE:
Litro Gas Lanka Ltd
says the company has repaid the General Treasury a tranche of the credit facility of USD 70 million received from the World Bank to maintain
an uninterrupted LP gas supply.Chairman of the company, Muditha Peiris, speaking to the media, stated that the entire credit facility is
Having achieved the first tranche, we are now in the second phase
The final phase is now being implemented
added.The Chairman further emphasized that the company repaid an amount of LKR 6.5 billion in September and that it expects to settle a sum
of LKR 8 billion to the General Treasury in October this year.He also said that Litro Gas intends to repay the total amount of approximately
LKR 26 billion received from the World Bank credit facility by this December.
This article first appeared/also appeared in https://adaderana.lk