Sri Lanka and the IMF
WEBJun 13, 2024 · LATEST. IMF Staff Concludes Visit to Sri Lanka, August 2, 2024. Press Release. IMF Executive Board Concludes 2024 Article IV Consultation with Sri Lanka and Completes the Second Review Under the Extended Fund Facility, June 12, 2024. Press Release | Staff Report | Video of Press Briefing | Transcript. IMF Reaches Staff-Level Agreement on the ...
IMF Executive Board Approves US$3 Billion Under the New …
WEBMar 20, 2023 · The IMF Board approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 2.286 billion (about US$3 billion) to support Sri Lanka’s economic policies and reforms.
Statement at the End of IMF Staff Visit to Sri Lanka
WEB5 days ago · At the end of the visit Mr. Srinivasan issued the following statement: “We held productive discussions with President Dissanayake and Sri Lanka’s economic team on the economic and financial challenges facing the Sri Lankan economy. We agreed on the importance of continuing to safeguard and build on the hard-won gains that have helped put ...
IMF approves second review of Sri Lanka's $2.9 bln bailout, warns …
WEBJun 13, 2024 · The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite signs of recovery and...
IMF says encouraged by new Govt.’s commitment to continue …
WEB4 days ago · The International Monetary Fund (IMF) yesterday expressed continued support as it was encouraged by Sri Lanka’s new Government’s commitment to continue the reform efforts. “We are encouraged by the authorities’ commitment to continue the reform efforts. The IMF remains a steadfast partner in supporting Sri Lanka and its people and stands ready to assist the country achieve its economic ..
Sri Lanka will get the second tranche of a much-need bailout …
WEBDec 13, 2023 · COLOMBO, Sri Lanka (AP) — The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its history.
IMF asks Sri Lanka to protect hard-won gains - france24.com
WEB4 days ago · IMF Asia Pacific Director Krishna Srinivasan called the talks "productive" and focused on maintaining "hard-won gains". Sri Lanka can draw down a fourth tranche of $336 million only if the lender ...
IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder ...
WEB4 days ago · Oct 04, 2024, 10:01 PM. COLOMBO - 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 ...
Sri Lanka says it struck a deal with creditors on debt restructuring …
WEBNov 29, 2023 · Sri Lanka said Wednesday Nov. 29, 2023 that it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring, a crucial move toward unlocking a second installment of a $2.9 billion bailout package from the International Monetary Fund.
IMF to assess Sri Lankan governance as part of $3 billion bailout
WEBThe IMF said Tuesday 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.