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IMF to release $333 million to Sri Lanka
IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks
The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m,
Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara Dissanayake told the first sitting of the new parliament.
Sri Lanka's Financial Renaissance: IMF's Strategic Support and Challenges Ahead
The International Monetary Fund's latest review of Sri Lanka's $2.9 billion bailout highlights both emerging recovery signs and continued economic vulnerabilities. With a focus on completing debt restructuring and responsible fiscal policy,
Ada Derana
3h
IMF reaches staff-level agreement on third review of Sri Lanka’s EFF
IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review ...
EconomyNext
11h
Sri Lanka budget deficit down 40-pct to September, taxes up 39-pct
Sri Lanka's tax revenue were up 39 percent to 2,918.3 billion rupees in the nine months to September 2024 from a year ago, ...
FT
3d
Sri Lanka’s SMEs: Debt-trapped dilemma
Small and medium-sized enterprises (SMEs) are the backbone of Sri Lanka’s economy, accounting for 75% of all active ...
6d
Why Sri Lankan workers must demand: Repudiate all foreign debt!
This demand is addressed not to the right-wing JVP/NPP government, parliament or the opposition parties—all of which are ...
EconomyNext
1d
Sri Lanka reaches staff level agreement with the IMF
Sri Lanka has reached a staff level agreement for take forward a program with the Internal Monetary Fund, after passing a ...
CounterPunch
5d
Sri Lanka’s National People’s Power Sweeps General Election
On October 15, data from the Election Commission of Sri Lanka showed that the National People’s Power (NPP) coalition scored ...
bdnews24
1d
IMF approves third review of Sri Lanka's $2.9bn bailout
A interim budget is expected to be presented to parliament in December,
Sri
Lanka
's new president, Anura Kumara ...
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