IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
COLOMBO (Reuters) -Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund,Continue Reading
Category: Asia
IMF asks Sri Lanka to protect hard-won gains
(AFP)-Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said Friday as theContinue Reading
IMF reaffirms support for Sri Lanka’s economic recovery, plans for third program review
The International Monetary Fund (IMF) delegation visiting the island has announced that it will maintain close collaboration with Sri Lanka’sContinue Reading
Sri Lanka’s New President Seek Changes To IMF Deal
(AFP)-Sri Lanka’s new president Thursday urged the IMF to consider “alternative means” to continue with a $2.9 billion bailout thatContinue Reading
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 bailoutContinue Reading
Cash-strapped Sri Lanka Records First Deflation In 29 Years
(AFP)-Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, withContinue Reading
IMF says it is communicating with Sri Lanka’s new economic team
LONDON (Reuters) – The International Monetary Fund said on Thursday it was already communicating with Sri Lanka’s new economic team.Continue Reading
Sri Lanka’s new leader must balance ties between regional powerhouses India and China
COLOMBO, Sri Lanka (AP) — The Marxist lawmaker who won Sri Lanka’s presidency faces a key challenge in how to balance tiesContinue Reading
Sri Lanka President Dissanayake picks Harini Amarasuriya as PM and shares cabinet portfolios
Sri Lanka’s new president, Anura Kumara Dissanayake, named Harini Amarasuriya, a college professor and first-time lawmaker, as the new primeContinue Reading
Dissanayake’s push for Sri Lanka economic change leaves IMF deal, debt rework in limbo
COLOMBO/LONDON (Reuters) – Sri Lanka’s new president won the election decisively, but his toughest task still lies ahead as heContinue Reading
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