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
Category: World News
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 The IMF Board approved a 48-month extended arrangement under the ExtendedContinue 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
Trump says ‘illegal leaks’ indicate he will be arrested Tuesday in N.Y. hush money probe
Former U.S. President Donald Trump said Saturday that “illegal leaks” have indicated that he will be arrested Tuesday and calledContinue 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
Swiss bank Credit Suisse shares tank after Saudi backer rules out further assistance
Shares of Credit Suisse on Wednesday plunged to a fresh all-time low for the second consecutive day after a top investor inContinue Reading
