ANNOUNCEMENT 30 Sep 2012

In September 2012, the government of Sri Lanka announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Sep 2012 | Removal date: open ended
Still in force

Capital injection and equity stakes (including bailouts)

On 21 November 2013, Sri Lanka has bailed out the state-run airline with USD 150 million. Previously, in September 2012 and in July 2013, the same airline already received state support (through treasury bonds) amounting to approximately USD 240 and 400 million, respectively, in order to settle fuel bills.
 
 

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A