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.
Sri Lanka Cenbank Eases Policy With New Single Benchmark Rate
COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...
International Monetary Fund16h
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: ...
EconomyNext14h
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 ...
Sri Lanka launches long-awaited bond swap in key step to emerge from default
Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...
devdiscourse1d
Sri Lanka's Strategic Debt Restructuring: A New Chapter in Economic Stability
Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...
Hiru News9h
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.
EconomyNext14h
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 ...
devdiscourse2h
Sri Lanka's Parliament Kicks Off Key Debates Under NPP Government
Sri Lanka's new Parliament will hold two vital debates next week under the NPP government, focusing on the government's ...
Hiru News9h
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 ...