IMF to release $333 million to Sri Lanka

IMF approves third review of Sri Lanka's $2.9 billion bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a statement, the global lender said it would release about $333 million,
Sri Lankan government agrees with IMF to implement savage austerity measures
The working class needs to prepare both politically and organizationally to confront the Dissanayake government’s attacks on their social and democratic rights.
Sri Lanka's New Leader Sticks Within IMF 'Guardrails'
Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.
Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara Dissanayake told the first sitting of the new parliament.
Sri Lanka debt: IMF releases new funds amid concern for poorest
The International Monetary Fund has approved a new installment of a 3-billion-dollar bailout package for Sri Lanka.
Sri Lanka’s new leftist government sticks within IMF ‘guard rails’
The IMF reached an agreement with the administration of President Dissanayake to continue the four-year loan negotiation last year.
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Steering Committee of Ad Hoc Group of Sri Lanka Bondholders announces support for Sri Lanka's debt restructuring terms
The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders is pleased to announce its support for the restructuring ...
International Monetary Fund13h
IMF Managing Director Kristalina Georgieva Statement to the Financial Community on Sri Lanka
Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...
EconomyNext11h
High creditor participation in Sri Lanka ISB exchange vital: IMF’s Georgieva
High creditor participation in an exchange of defaulted sovereign bonds for new securities is vital for the success of the ...
Hiru News6h
IMF head Kristalina Georgieva lauds Sri Lanka's progress in economic reforms
IMF head Kristalina Georgieva lauds Sri Lanka's progress in economic reforms. Most visited website in Sri Lanka.
Sri Lanka Kicks Off Much-delayed $12.5bn Bond Deal
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.
EconomyNext11h
In Sri Lanka ISB exchange, high creditor participation vital: IMF’s Georgieva
High creditor participation in an exchange of defaulted sovereign bonds for new securities is vital for the success of the ...
Hiru News6h
Sri Lanka Chamber of Commerce welcomes IMF staff-level agreement
The Sri Lanka Chamber of Commerce has expressed its support for the staff-level agreement reached following the third review ...
cadtm.org9mon
In Sri Lanka women are the principal victims of the IMF and of microfinance
See also: ‘The Canary in the Coal Mine’: Sri Lanka’s Crisis is a Chronicle Foretold In order to obtain emergency loans from the IMF - released gradually in installments of 330 million dollars to ...
The Grand Junction Daily Sentinel6d
Sri Lanka's president makes U-turn on IMF bailout
Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Leftist President Anura ...
U.S. News & World Report13h
Sri Lanka Eases Monetary Policy, Sets New Single Key Rate
Sri Lanka's economic rebound began after the country secured a $2.9 billion programme from the International Monetary ...