Sri Lanka, IMF
IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on Friday, a huge boost to the island nation's fragile economy.
Sustaining reforms critical for Sri Lanka: IMF
(AFP)Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said Friday as the country’s new president sought changes to its $2.9 billion bailout.
Statement at the End of IMF Staff Visit to Sri Lanka
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout, president says
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
Sri Lanka Approves Controversial Foreign Debt Deal
Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
IMF asks Sri Lanka to protect hard-won gains
Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund said Friday as the country's new president sought changes to its $2.9 billion bailout.
New Sri Lanka Leader Meets IMF, Completes Deal Consultation
Sri Lanka’s new president stuck to his campaign promises of reducing taxes and providing other relief to citizens in his ...
Jurist10h
Interview: ‘The Prospect for Political Change in Sri Lanka Rests on the Dynamics of the Next Few Months’
Sri Lanka elected Anura Kumara Dissanayake as its new president on September 21, 2024, marking the first time in the ...
Sri Lanka’s new president says he’ll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary ...
Sri Lanka to Discuss Shape of IMF Deal During Oct Meetings in Washington
COLOMBO (Reuters) - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on ...
Ada Derana3d
Sri Lanka announces successful completion of OCC and IMF consultation process
The Ministry of Finance stated that Sri Lanka has successfully completed consultations with the Official Creditor Committee ...
India’s foreign minister becomes the first such dignitary to visit Sri Lanka since the election
India’s Foreign Minister S. Jaishankar has met Sri Lanka’s newly elected President Anura Kumara Dissanayake in the first such ...
Sri Lanka gets backing from IMF, bilateral creditors for $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...
U.S. News & World Report13d
Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion Bailout, President Says
Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion Bailout, President Says By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka's new President Anura Kumara Dissanayake said on ...
Island9h
Sri Lanka secures USD 200 million from World Bank’s IDA for second phase of RESET Program
The International Development Association (IDA) of the World Bank Group (WBG) has approved a USD 200 million financing ...