China has not done enough on Sri Lanka debt restructuring – U.S. diplomat
COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF)Continue Reading
Tag: Economy
Sri Lanka’s key inflation rate eases to 54.2% in January, an 8 month low
(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics departmentContinue Reading
‘Where’s the money gone?’ Jamaicans ask after Usain Bolts’ $12 million account left almost empty
(AFP)-It is the question on the lips of every Jamaican — and none more so than the country’s most famousContinue Reading
Sri Lanka economy could shrink by -3.5% to -4%, president says
COLOMBO (Reuters) – Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, PresidentContinue Reading
Hindenburg shorts India’s Adani citing debt, accounting concerns; shares plunge
BENGALURU (Reuters) – Hindenburg Research said it held short positions in India’s Adani Group, accusing the conglomerate of improper useContinue Reading
China offers Sri Lanka debt moratorium, IMF help still in doubt
NEW DELH/COLOMBO (Reuters) -The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and saidContinue Reading
Sri Lanka expects financing assurances from China for IMF deal within days
COLOMBO (Reuters) -Sri Lanka expects to get China’s backing for its debt restructuring plan within days to help unlock aContinue Reading
India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF
COLOMBO (Reuters) -India has told the International Monetary Fund that it strongly supports Sri Lanka’s debt restructuring plan as theContinue Reading
Sri Lanka urged by Human rights groups to free student activist held over protests
COLOMBO, Sri Lanka (AP) — Human rights groups urged Sri Lanka’s government to release a prominent student activist who wasContinue Reading
Sri Lanka Closer to IMF Bailout as India Said to Back Debt Plan -Bloomberg
India formally notified that it would support Sri Lanka’s debt restructuring plan, according to a person with knowledge of theContinue Reading
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