Sri Lanka’s second review of $2.9 billion IMF bailout possible in first half of 2024 – official
COLOMBO (Reuters) -The second review of Sri Lanka’s $2.9 billion bailout with the IMF could be completed in the firstContinue Reading
Category: Business
Canada’s surging cost of living fuels reverse immigration
TORONTO (Reuters) – The dream of making it big in Canada is turning into a battle for survival for manyContinue Reading
Sri Lanka to receive about $600m ADB funding post-IMF approval – official
COLOMBO (Reuters) – Sri Lanka will get about $600 million, on a staggered basis, from the Asian Development Bank afterContinue Reading
Sri Lanka reaches debt restructuring deal with creditor nations – government source
COLOMBO (Reuters) – Sri Lanka has been informed that a debt-restructuring agreement with creditor nations has been reached but isContinue Reading
Sri Lanka Supreme Court holds Rajapaksa bros, top officials responsible for worst economic crisis; does not order any punishment
COLOMBO (Reuters) – Sri Lanka’s top court ruled on Tuesday that former President Gotabaya Rajapaksa and his brother, former PrimeContinue Reading
Sri Lanka’s 2024 budget sets ambitious revenue, deficit targets
COLOMBO (Reuters) -Sri Lanka’s government projected a lower-than-anticipated budget deficit for 2024 on Monday on the back of a significant jump inContinue Reading
Sri Lanka balances polls and crisis recovery in 2024 budget deliberations
COLOMBO (Reuters) – Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’sContinue Reading
IMF says it has yet to see details of debt deal between China EXIM, Sri Lanka
BEIJING, Nov 7 (Reuters) – The International Monetary Fund has not yet seen details of the debt deal between theContinue Reading
Sri Lanka seeks bids in divestment of loss-making state carrier
COLOMBO (Reuters) – Sri Lanka has invited bids for state-run carrier SriLankan Airlines as the island nation looks to reduceContinue Reading
Sri Lanka allows a Chinese research ship to dock as neighboring India’s security concerns grow
COLOMBO, Sri Lanka (AP) — A Chinese research ship docked at a Sri Lankan port on Wednesday, likely adding toContinue Reading
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