Sri Lanka, IMF
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.
New Sri Lanka Leader Meets IMF, Completes Deal Consultation
Sri Lanka’s new president stuck to his campaign promises of reducing taxes and providing other relief to citizens in his first meeting with officials from International Monetary Fund since taking office.
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 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.
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 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 the sidelines of the lender's annual meetings in Washington later this month, the country's cabinet spokesperson said on Tuesday.
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 ...
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 ...
Al Jazeera English16d
Marxist-leaning Dissanayake wins Sri Lanka’s election: What’s next?
Wickremesinghe has warned that altering the basic terms of the IMF deal could delay the disbursement of the fourth portion of the loan. Sri Lanka’s dollar bonds fell by 3 cents on Monday amid ...
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 Mirror8h
Political risks to Sri Lanka’s debt restructuring agreement recede: Fitch
The Sri Lankan authorities’ confirmation that they endorse the targets set under the country’s IMF programme, and intend to ...
Al Jazeera English19d
As Sri Lanka votes, a $2.9bn IMF loan looms large
His United National Party (UNP) has been one of Sri Lanka’s dominant political forces since the country’s independence in 1948. While Wickremesinghe’s supporters commend his $2.9bn IMF loan ...
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 ...
The Daily Mirror1d
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 ...
Ada Derana4d
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 ...