IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on Friday, a huge boost to the island nation's fragile economy.
IMF to Work With Leftist Sri Lanka Leader on $3 Billion Loan
The International Monetary Fund said it’s looking forward to working with Sri Lanka’s newly elected leftist president, including on the latest review of the country’s $3 billion bailout package.
Pakistan And Sri Lanka: The Debt Outlook
Maintaining a low current account deficit and hitting the primary surplus target appears within Pakistan’s reach. Read more here.
Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout, president says
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
Statement at the End of IMF Staff Visit to Sri Lanka
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
IMF asks Sri Lanka to protect hard-won gains
In his first meeting with the IMF delegation on Thursday, Dissanayake said he wanted to reduce the tax burden on lower income households. In response, the Washington-based lender stressed that it was important not to jeopardise Sri Lanka's hard-won ...
Sri Lanka Approves Controversial Foreign Debt Deal
Sri Lanka's new government has approved a controversial restructure of $14.7 billion in foreign commercial credit tentatively agreed by its predecessor, the finance ministry said Saturday.
The Associated Press on MSN13d
Sri Lanka’s new president says he’ll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary ...
Sri Lanka to Discuss Shape of IMF Deal During Oct Meetings in Washington
COLOMBO (Reuters) - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on ...
Sri Lanka President Plans to Start IMF Talks, Focus on Stability
Sri Lanka’s new president Anura Kumara Dissanayake said he plans to start discussions with the International Monetary Fund as ...
Al Jazeera English16d
Marxist-leaning Dissanayake wins Sri Lanka’s election: What’s next?
Wickremesinghe has warned that altering the basic terms of the IMF deal could delay the disbursement of the fourth portion of the loan. Sri Lanka’s dollar bonds fell by 3 cents on Monday amid ...
Tuko on MSN14d
Leftist Sri Lanka leader stuck with painful IMF deal: analysts
Sri Lanka's new leftist leader has little room to renegotiate an IMF bailout that threw a lifeline to his bankrupt country ...
Sri Lanka gets backing from IMF, bilateral creditors for $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...
The Daily Mirror5h
Political risks to Sri Lanka’s debt restructuring agreement recede: Fitch
The Sri Lankan authorities’ confirmation that they endorse the targets set under the country’s IMF programme, and intend to ...