The International Monetary Fund says that debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of ...
Sri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two days, says the global lender, putting the onus on the cash-strapped country to ...
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 ...
In a sign of confidence that the worst of Sri Lanka's financial crisis is over, its central bank surprised markets by cutting ...
Move signals change of course to fuel a rebound in the economy as the island recovers from worst ever financial 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 ...
Colombo, Apr 28 (PTI) Sri Lanka's Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island's economy which was hit hard by a catastrophic economic and ...
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 ...
Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails. The ongoing economic crisis in Sri Lanka is one of the worst that the world has ...
The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared ...
Economic crisis is at the heart of the political crisis in Sri Lanka Getty Images In this issue, we analyse whether this is a boon or a bane? The problem is that India’s family planning ...
Cash-strapped Sri Lanka is exploring the options for domestic debt restructuring in the post-IMF bailout scenario to further stabilise its shaken economy, an official statement said on Friday.
