Sri Lanka's Dissanayake to restart IMF talks to end economic crisis ...
WEB1 day ago · COLOMBO, Sri Lanka (AP) — Sri Lanka’s new President Anura Kumara Dissanayake said Wednesday that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history. “We expect to discuss debt restructuring with the relevant parties and complete the process quickly and obtain the funds ...
Sri Lanka President Plans to Start IMF Talks, Focus on Stability
WEB1 day ago · Sri Lanka’s new president Anura Kumara Dissanayake said he plans to start discussions with the International Monetary Fund as part of his focus on establishing stability in the island nation ...
Sri Lanka's new president says he'll restart talks with the IMF to …
WEB1 day ago · Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic ...
Sri Lanka and the IMF
WEBJun 13, 2024 · Find out the latest updates on Sri Lanka's economic situation and its relations with the IMF. Browse press releases, staff reports, transcripts, and other documents related to Sri Lanka's membership, loans, and arrangements.
IMF Executive Board Concludes 2024 Article IV Consultation with …
WEBJun 12, 2024 · The IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $336 million) to support its economic policies and reforms.
IMF Executive Board Approves US$3 Billion Under the New …
WEBMar 20, 2023 · The IMF Executive Board agreed to a 48-month EFF arrangement with Sri Lanka to support its macroeconomic stability, debt sustainability, and growth potential. The program aims to restore fiscal and debt sustainability, safeguard financial stability, and strengthen governance and structural reforms.
Sri Lanka will get the second tranche of a much-need bailout …
WEBDec 13, 2023 · The International Monetary Fund executive board has approved the release of the second tranche of a bailout package to help Sri Lanka recover from the worst economic crisis in its history.
Sri Lanka's second review of $2.9 bln IMF bailout possible in first ...
WEBThe second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue targets set …
IMF to assess Sri Lankan governance as part of $3B bailout | AP …
WEBThe International Monetary Fund says it is assessing Sri Lanka's governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program. ...
IMF to assess Sri Lankan governance as part of $3 billion bailout
WEBSri Lanka increased income taxes sharply and removed electricity and fuel subsidies, fulfilling prerequisites of the IMF program. Authorities must now discuss with Sri Lanka’s creditors how to...