India to provide additional $500 million for fuel: Sri Lanka
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’sContinue Reading
Tag: Sri Lanka
IMF says any loan to Sri Lanka requires debt sustainability; are at an early stage
WASHINGTON- The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an earlyContinue Reading
WATCH -Sri Lanka’s opposition leader Sajith Premadasa talks to CNBC on the country’s political and economic crisis.
Sri Lanka’s opposition leader Sajith Premadasa talks to CNBC’s Sri Jegarajah on the country’s political and economic crisis.
Exclusive-Crisis-hit Sri Lanka, India revive talks to link electric grids
COLOMBO (Reuters) – India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday,Continue Reading
Sri Lanka says IMF to consider request for rapid aid
COLOMBO (Reuters) -The International Monetary Fund will consider providing quick financial assistance to debt-burdened Sri Lanka following representations by India,Continue Reading
WATCH- Sri Lankan PM says president’s powers will be reduced
COLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister said Tuesday the constitution will be changed to clip presidential powersContinue Reading
Latest Finance Ministry update on IMF meeting
Sri Lanka Finance ministry releases an update on the talks with IMF: Minister of Finance M.U.M Ali Sabry P.C, metContinue Reading
Anticipating a ‘series of defaults’ Moody’s cut Sri Lanka’s credit rating
Moody’s has downgraded the government of Sri Lanka’s “long-term foreign-currency issuer and senior unsecured debt ratings to Ca from Caa2″,Continue Reading
World Bank planning new $170 billion crisis fund to help the poorest nations being buffeted by multiple crises: President
The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted byContinue Reading
Watch: Sri Lanka’s President Says Ready to Review Executive Powers, admits two mistakes
(Bloomberg) — After weeks of defiance Sri Lanka’s President Gotabaya Rajapaksa said he’s open to changes in the nation’s constitutionContinue Reading
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