IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on Friday, a huge boost to the island nation's fragile economy.
Pakistan And Sri Lanka: The Debt Outlook
Maintaining a low current account deficit and hitting the primary surplus target appears within Pakistan’s reach. Read more here.
Sri Lanka Strategizes Debt Restructuring Amid Political Transition
Sri Lanka prioritizes its debt restructuring process following External Affairs Minister S. Jaishankar's visit. The country seeks support from India under the comparative treatment principle for debt resolution.
IMF to Work With Leftist Sri Lanka Leader on $3 Billion Loan
The International Monetary Fund said it’s looking forward to working with Sri Lanka’s newly elected leftist president, including on the latest review of the country’s $3 billion bailout package.
Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout, president says
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
Statement at the End of IMF Staff Visit to Sri Lanka
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
IMF asks Sri Lanka to protect hard-won gains
In his first meeting with the IMF delegation on Thursday, Dissanayake said he wanted to reduce the tax burden on lower income households. In response, the Washington-based lender stressed that it was important not to jeopardise Sri Lanka's hard-won ...
Sri Lanka Approves Controversial Foreign Debt Deal
Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
The Associated Press on MSN13d
Sri Lanka’s new president says he’ll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary ...
Sri Lanka to Discuss Shape of IMF Deal During Oct Meetings in Washington
COLOMBO (Reuters) - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on ...
Sri Lanka President Plans to Start IMF Talks, Focus on Stability
Sri Lanka’s new president Anura Kumara Dissanayake said he plans to start discussions with the International Monetary Fund as ...
Sri Lanka gets backing from IMF, bilateral creditors for $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...
The Daily Mirror23h
IMF, USAID ready to offer financial support to Sri Lanka: US
The International Monetary Fund (IMF) and the United States Agency for International Development (USAID) are prepared to ...
Island2d
Outgoing Japanese envoy urges Sri Lanka to manage external pressures or face consequences
Japanese Ambassador in Colombo Mizukoshi Hideaki said that in trying to overcome the economic crisis Sri Lanka should manage ...
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IMF acknowledges Sri Lanka’s progress, warns of ongoing vulnerabilities
However, Kozack reiterated that Sri Lanka’s performance under the programme is strong, and reform efforts are bearing fruit ...