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IMF approves third review of Sri Lanka's $2.9 bln bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.
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,
IMF Sanctions Third Review of Sri Lanka's Bailout Amidst Economic Vulnerability
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout, releasing another $333 million. While economic recovery signs surface, the nation must finalize debt restructuring to continue progress.
IMF reaches staff-level agreement on the third review under Sri Lanka’s Extended Fund Facility Arrangement
An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November 17 to 23, 2024. After constructive discussions in Colombo, Mr. Breuer and Deputy Mission Chief Ms.
IMF approves third review of Sri Lanka's $2.9 billion bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. The country still needs to complete a $12.
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,
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 president makes U-turn on IMF bailout
Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.
58m
'Too little, too late': Activists and poorer nations criticise $300bn COP29 deal
Western leaders welcomed the deal, as US President Joe Biden says the world is "one significant step closer" to achieving climate goals.
10h
Japan Plans $90 Billion Spending in New Stimulus Package, Document Shows
TOKYO (Reuters) - Japan's government is considering 21.9 trillion yen ($141 billion) worth of fiscal spending under a new ...
2d
Kenya Staggers $1.5 Billion UAE Loan on IMF Funding Concerns
Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set ...
5d
on MSN
IMF deal would give Ukraine access to about $1.1bln, Fund says
International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give Ukraine access to about ...
1d
Net Gains: Europe’s Startups Say AI Will Drive More Hiring
The rapid adoption of AI is will put jobs at risk as businesses seek efficiencies but a new report says Europe's startups ...
11h
on MSN
Sri Lanka’s new govt committed to stick within IMF ‘guardrails’ - Peter Breuer
Sri Lanka’s new government has agreed to press ahead with a IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday (Nov 23) ...
5d
on MSN
IMF Deal Would Give Ukraine Access to About $1.1 Billion, Fund Says
WASHINGTON (Reuters) -International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give ...
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