Sri Lanka Recovering Faster Than Expected: World Bank
Cash-strapped Sri Lanka’s economy was recovering faster than expected, the World Bank said Thursday, doubling the island’s growth forecast toContinue Reading
Category: Sri Lanka
Chinese Navy Tall Ship Docks In Sri Lanka Despite Research Ban
(AFP)-A Chinese navy sailing ship was allowed to dock in Sri Lanka on Tuesday but Colombo’s new government said aContinue Reading
Sri Lanka orders new probe into Easter Sunday bombings
(AFP)-Sri Lanka’s new government announced a probe on Tuesday into 2019 Easter bombings that killed 279 people, saying that previousContinue Reading
Sri Lanka’s Leftist Government Secures $200m World Bank Loan
(AFP)-Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, theContinue Reading
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
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
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