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.
The Daily Mirror1h
IMF, USAID ready to offer financial support to Sri Lanka: US
The International Monetary Fund (IMF) and the United States Agency for International Development (USAID) are prepared to ...
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 ...
Jurist18h
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 ...
The Associated Press on MSN12d
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 ...
Sri Lanka's Leftist Government Secures $200m World Bank Loan
Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, the first foreign funding since leftist President Anura Kumara Dissanayake won elections.
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 ...
EconomyNext7h
Sri Lanka tax revenues up 43-pct, interest costs down to July 2024
Sri Lanka's tax revenues grew 43 percent to 2,156 billion rupees in the seven months to July 2024, and the overall budget deficit fell steeply by 41 percent to 1,470 billion rupees, data published by ...