Tag: Economy

(AFP)-Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, theContinue Reading

COLOMBO (Reuters) -Sri Lanka’s $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund,Continue Reading

(AFP)-Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said Friday as theContinue Reading

(AFP)-Sri Lanka’s new president Thursday urged the IMF to consider “alternative means” to continue with a $2.9 billion bailout thatContinue Reading

COLOMBO (Reuters) – Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailoutContinue Reading

(AFP)-Cash-strapped Sri Lanka’s economy recorded falling consumer prices for the first time in 29 years, official data showed Monday, withContinue Reading

LONDON (Reuters) – The International Monetary Fund said on Thursday it was already communicating with Sri Lanka’s new economic team.Continue Reading

COLOMBO, Sri Lanka (AP) — The Marxist lawmaker who won Sri Lanka’s presidency faces a key challenge in how to balance tiesContinue Reading

COLOMBO/LONDON (Reuters) – Sri Lanka’s new president won the election decisively, but his toughest task still lies ahead as heContinue Reading

COLOMBO, Sept 23 (Reuters) – Anura Kumara Dissanayake may lack the political lineage of some of his rivals, but hisContinue Reading