Sri Lanka Banks’ Association statement on debt restructuring process
2023-05-01
All stakeholders involved in structuring the restoration of Sri Lanka’s Balance of Payments to a sustainable equilibrium must necessarily takeContinue Reading
Debt restructuring : If stock market collapses it will be closed – President
2023-04-26
Sri Lanka will hold two separate discussions on debt restructuring prior to talks with private creditors, President Ranil Wickremesinghe informedContinue Reading
Sri Lanka GDP outlook slashed as economy struggles to recover – Bloomberg
2023-04-20
Economists sharply cut Sri Lanka’s growth outlook for the rest of the year as curbs on imports and still-limited reservesContinue Reading
Economy to stay on course in FY24: FM Nirmala Sitharaman
2023-04-19
The Indian economy will likely grow by 7% in 2022-23 and is projected to be the fastest-growing economy in 2023-24Continue Reading
India projected to grow at 7% in 2022-23, says Sitharaman at IMF meet
2023-04-19
Finance Minister Nirmala Sitharaman on Friday said that with both the International Monetary Fund (IMF) and the World Bank havingContinue Reading
IMF loan : HRW calls for fair taxes & accountability for corruption
2023-03-30
The government of Sri Lanka should ensure that policies to enhance revenues do not further erode economic and social rightsContinue Reading
Sri Lanka uses IMF loan to pay Indian loan
2023-03-24
A portion of the first disbursement from the International Monetary Fund (IMF) has been utilized, the Ministry of Finance saidContinue Reading
Eran reveals why SJB against current tax policy
2023-03-23
Samagi Jana Balawegaya (SJB) MP Eran Wikramaratne has alleged that there is a bizarre situation in the implementation of theContinue Reading
Vasu threatens President with impeachment
2023-03-09
Opposition MP Vasudeva Nanayakkara has warned that they will not hesitate to bring forth an impeachment against President RanilContinue Reading
Sri Lanka in talks to extend $1 bln Indian credit line – Reuters
2023-03-08
Sri Lanka is negotiating with India to extend a $1 billion credit line by a few months, Reuters reported citingContinue Reading
China tells IMF willing to take a constructive part in debt talks
2023-03-02
Chinese Premier Li Keqiang has informed the International Monetary Fund (IMF) that China is willing to play a constructive partContinue Reading
Focus on capital spending, reforms and tax tweaks helped India become a bright spot: Kristalina Georgieva
2023-02-28
Kristalina Georgieva, the managing director (MD) of the International Monetary Fund (IMF) believes the Indian economy is a bright spotContinue Reading
Pakistan ministers to forgo pay, perks for IMF bailout
2023-02-28
Cash-strapped Pakistan is taking several drastic austerity measures to ensure compliance with conditions set by the International Monetary Fund (IMF)Continue Reading
MP Champika Ranawaka writes to IMF raising several concerns
2023-02-24
Opposition MP Patali Champika Ranawaka has questioned if the recent electricity tariffs were in line with the structural benchmarks ofContinue Reading
IMF reveals Sri Lanka’s current status on unlocking billion 2.9 bailout
2023-02-10
The International Monetary Fund (IMF) says its approval for a $2.9 billion loan to bail out crisis-riddled Sri Lanka willContinue Reading
Bondholder Group expresses willingness to engage on debt restructuring
2023-02-03
The Ad Hoc Group of Sri Lanka Bondholders, known as the Bondholder Group, has expressed willingness to engage with theContinue Reading
“Actually do something to help Sri Lanka” China tells the US
2023-02-03
China has slammed the comments made by the US Under Secretary of State for Political Affairs Victoria Nuland pertaining toContinue Reading