Sri Lanka plans IMF talks on ways to lure foreign investors
COLOMBO (Reuters) – Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, PresidentContinue Reading
Tag: Economy
Sri Lanka raises electricity price in line with IMF bailout
(AFP)-Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for theContinue Reading
President Trump Bars People From 12 Countries From Entering U.S.
(AFP)-US President Donald Trump signed a new travel ban Wednesday targeting 12 countries, saying it was spurred by an attackContinue Reading
Sri Lanka Ex-ministers Jailed Up To 25 Years For Corruption
(AFP) Sri Lankan court sentenced on Thursday two former ministers from the government of deposed president Gotabaya Rajapaksa to decadesContinue Reading
Debt-stricken Sri Lanka and New Zealand discuss ways to deepen bilateral trade and investment ties
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka hosted one of New Zealand’s top ministers to discuss ways to deepenContinue Reading
Sri Lanka restructures nearly $931 million in credit lines with India
COLOMBO (Reuters) -Sri Lanka has restructured nearly $931 million in lines of credit and buyers’ credit facility agreements with theContinue Reading
Trump secures $600 billion Saudi investment pledge on Gulf tour
RIYADH (Reuters) – US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest inContinue Reading
Sri Lanka vows closer ties with China and India’s left
(AFP)-Sri Lanka’s government pledged closer ties on Thursday with Communist parties in China and India, two regional powers competing forContinue Reading
Sri Lanka’s economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says
COLOMBO (Reuters) – Sri Lanka is on track to post growth of 3.5% this year, the World Bank said inContinue Reading
IMF says discussions to continue with Sri Lanka on fourth review
COLOMBO, April 11 (Reuters) – The International Monetary Fund said on Friday that discussions with Sri Lanka will continue onContinue Reading
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