New IMF funds for Sri Lanka may face delay after review sees revenue shortfall
COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review underContinue Reading
Category: Business
Sri Lanka’s revenue shortfall concerns IMF team – sources
COLOMBO, Sept 26 (Reuters) – The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’sContinue Reading
Sri Lanka’s economy shrank 3.1% in second quarter amid financial crisis
COLOMBO, Sept 15 (Reuters) – Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, asContinue Reading
Maldives Presidential frontrunner eyes closer ties with China
(AFP)-The Maldives stands at a geopolitical crossroads ahead of its presidential runoff vote with the frontrunner, a former construction minister,Continue Reading
Crisis-hit Sri Lanka readies for critical first IMF review
Sept 13 (Reuters) – Crisis-hit Sri Lanka must convince IMF officials that it has met key goals under a $2.9Continue Reading
Sri Lanka deploys troops as the railway workers’ strike worsens
COLOMBO (AP)- Sri Lanka’s government deployed army troops at railroad stations as railway employees continued with their strike that paralyzed trainContinue Reading
Sri Lanka to import 92.1 million eggs from India to stabilise prices
Sri Lanka will import 92.1 million eggs from India to counter the fluctuations in its prices and make them affordableContinue Reading
Dutch To Return Stolen Sri Lankan Treasures
The Netherlands returned formal ownership to Sri Lanka of six colonial-era treasures on Monday, including a more than 275-year-old cannon inlaidContinue Reading
Maldives remits USD 29.3M to Sri Lanka in the first quarter of 2023 ; more than from Australia
Maldives has remitted USD 29.3 million to Sri Lanka during the first three months of 2023. According to Sri Lanka’sContinue Reading
India imposes 40% export duty on onions to calm rising prices
MUMBAI (Reuters) -India will impose with immediate effect a 40% export duty on onions up to Dec. 31 in anContinue Reading
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