Sri Lanka receives first tranche of IMF bailout
(Reuters)-Sri Lanka has received the first tranche of an IMF bailout programme, President Ranil Wickremesinghe told parliament on Wednesday. TheContinue Reading
Category: Business
Sri Lanka bailout conditional on tackling corruption, governance & mismanagement- IMF
(AFP& AP)-Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said TuesdayContinue Reading
Sri Lanka’s national consumer price inflation at 53.6% in Feb
(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) rose 53.6% in February on the year, after a rise ofContinue Reading
Sri Lanka to receive first tranche from IMF in next two days
COLOMBO, March 21 (Reuters) – Sri Lanka will receive the first tranche of about $330 million from the International MonetaryContinue Reading
Credit Suisse Collapse Burns Saudi, Qatar Investors- Wall Street Journal
Credit Suisse’s recent meltdown erased billions of dollars in investments by Saudi National Bank , Qatar’s sovereign fund and the Saudi-basedContinue Reading
Full statement by IMF- Executive Board Approves US$3 Billion Under the New Extended Fund Facility (EFF) Arrangement for Sri Lanka
March 20, 2023 Full statement by IMF Communications Department Washington, DC: The Executive Board of the International Monetary Fund (IMF) approvedContinue Reading
Sri Lanka’s foreign bondholders eye GDP-linked bonds for debt restructuring – source
March 20 (Reuters) – Sri Lanka’s foreign private creditors are considering proposing swapping the country’s defaulted bonds for new securities where cashContinue Reading
Sri Lanka Seeks 10-year Debt Moratorium Ahead Of IMF Bailout
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said Monday on theContinue Reading
Emirates Debuts New Look for Its Planes — See the Makeover
Emirates is getting a new look. The Dubai-based carrier which is known for its luxury first class suites that haveContinue Reading
Sri Lanka to introduce new law bolstering Central Bank ‘s independence, accountability & inflation target
COLOMBO-Sri Lanka will introduce new central bank legislation aimed at bolstering the bank’s independence, accountability and also price stability inContinue Reading
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