IMF chief says Sri Lanka stabilised, pledges more help
COLOMBO (AFP) IMF chief Kristalina Georgieva pledged to support Sri Lanka’s economic recovery, praising the cash-strapped nation’s “remarkable turnaround” during onlineContinue Reading
Tag: Economy
Sri Lanka signs $2.5b debt deal with Japan
(AFP)-Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with bilateralContinue Reading
Sri Lanka should avoid tax exemptions, focus on passing budget- IMF
COLOMBO, March 4 (Reuters) – Sri Lanka should avoid tax exemptions and focus on passing a national budget that isContinue Reading
IMF’s executive board approves third review of Sri Lanka’s $2.9 billion bailout
COLOMBO (Reuters) – The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Friday,Continue Reading
Sri Lanka Reports Massive Tolls In Human-elephant Conflicts
(AFP)-Sri Lanka vowed Thursday to urgently tackle costly clashes between villagers and wild elephants after reporting the deaths of nearlyContinue Reading
Sri Lanka’s budget likely to lead to slower fiscal consolidation, says Moody’s
COLOMBO (Reuters/AFP) – Sri Lanka’s budgeted expenditure for 2025 will likely lead to a wider fiscal deficit and slower-than-expected fiscalContinue Reading
Sri Lanka’s New President Presents First Budget With Focus on Crisis Recovery
COLOMBO (Reuters) – Sri Lanka’s new President Anura Kumara Dissanayake will outline the government’s revenue and policy goals in hisContinue Reading
Sri Lanka scrambles to restore power after monkey causes islandwide outage
COLOMBO (Reuters) – Sri Lanka extended power cuts for a third day on Thursday as it scrambled to restore itsContinue Reading
Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’sContinue Reading
Sri Lanka says talks on with Adani Group to lower wind power purchase cost
COLOMBO, Jan 28 (Reuters) – The Sri Lankan government has started talks with India’s Adani Group to lower the costContinue Reading
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