Six months after Sri Lanka qualified for an International Monetary Fund (IMF) Extended Fund Facility of $2.9 billion to tide over the worst economic crisis in its history, the IMF Board finally ...
The International Monetary Fund says that debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of ...
Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9 billion bailout, raising hopes for an easing of the island nation's dire economic crisis.
The IMF on Monday said its executive board approved a nearly $3 billion bailout for Sri Lanka, and the country's presidency said the program will enable it to access up to $7 billion in overall ...
The IMF, which extended a USD 3 billion bailout facility to debt-ridden Sri Lanka, is currently on a consultation mission here to check on the country’s progress of the programme ahead of the ...
Sri Lanka expected a quick deal with creditors ... The new government secured a $2.9 billion bailout from the IMF in March under a 48-month programme that commits Colombo to painful reforms.
On March 20, IMF extended a nearly $3 billion bailout facility to debt-ridden Sri Lanka that would help stabilise the country's economy after it was jolted by a devastating economic crisis last year.
The IMF has expressed hope that Sri Lanka's debt restructuring process would be completed by September, which is also the time for the global lender's formal review of the bailout facility it ...
The IMF on Tuesday reaffirmed that Sri Lanka must achieve its debt restructuring process by September, which is also the time for the global lender's formal review of the bailout facility it extended ...
"It is now essential to continue the reform momentum," said Krishna Srinivasan, Director of Asia Pacific Department at IMF. Sri Lanka, with the help of a $2.9 billion bailout from the global ...
The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared ...
Sri Lanka expected a quick deal with creditors ... The new government secured a $2.9 billion bailout from the IMF in March under a 48-month programme that commits Colombo to painful reforms.
