In order to achieve debt sustainability and meet the International Monetary Fund's (IMF) targets, Sri Lanka must present a debt restructuring strategy before the end of April 2023, according to ...
In a historic move, the International Monetary Fund (IMF) has approved Sri Lanka's program under the Extended Fund Facility (EFF). The decision was made by the IMF Executive Board, paving ...
Investors are betting that Sri Lanka will win final approval for about $2.9 billion bailout from the International Monetary Fund (IMF) on Monday, a key step for the bankrupt nation ...
International Monetary Fund Managing Director Kristalina Georgieva will travel to China from March 24 to March 30, IMF sources told Reuters on Friday. Georgieva will deliver a keynote speech at ...
The International Monetary Fund (IMF) has reportedly acknowledged the effectiveness of President Ranil Wickremesinghe’s efforts to revive the weakened economy of Sri Lanka. The President’s Senior Adviser on National Security ...
The International Monetary Fund (IMF) has issued a statement calling for "timely and orderly processes" to address Sri Lanka's high debt through a common framework. This comes as the island ...
China on Friday called on the International Monetary Fund (IMF) to consider the urgency facing Sri Lanka and offer debt support as soon as possible to relieve the liquidity strain ...
Dr. Krishnamurthy Subramanian, International Monetary Fund (IMF) Executive Director, recently paid a visit to Prime Minister Dinesh Gunawardena at the Prime Minister’s Office in Colombo recenty (26) to express his ...
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) made the following statement yesterday (23): “The largest allocation of Special Drawing Rights (SDRs) in history—about US$650 billion—comes into ...
While Sri Lanka often engage in technical assistance with the IMF and both sides are planning the upcoming consultations in Article IV towards the end of this year, the Central ...
LONDON (Reuters) - The world’s top finance ministers are set to back a new $650 billion allocation of the International Monetary Fund’s (IMF) own currency, Special Drawing Rights, to help ...
Financial News: As our members grapple with their response to the global health and economic crisis, we call for more attention to the role of open trade policies in defeating ...
International News from World: The world has changed dramatically in the three months since our last update of the World Economic Outlook in January. A rare disaster, a coronavirus pandemic, has ...
Economy News: The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic ...
Financial News Update: A staff team from the International Monetary Fund (IMF) led by Manuela Goretti visited Colombo during January 29 – February 7, 2020 to meet with the new ...
Economy News from Sri Lanka: Sri Lanka’s economy remains vulnerable to adverse shocks given the high public debt and low reserves, the International Monetary Fund (IMF) stressed. Releasing the country report ...
Financial News from Sri Lanka: During September 10-25, 2019, an International Monetary Fund (IMF) staff team led by Manuela Goretti toured Colombo to perform the sixth evaluation under the economic ...
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