IMF to release $333 million to Sri Lanka

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. In a statement, the global lender said it would release about $333 million,
Sri Lankan government agrees with IMF to implement savage austerity measures
The working class needs to prepare both politically and organizationally to confront the Dissanayake government’s attacks on their social and democratic rights.
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.
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 debt: IMF releases new funds amid concern for poorest
The International Monetary Fund has approved a new installment of a 3-billion-dollar bailout package for Sri Lanka.
Sri Lanka's New Leader Sticks Within IMF 'Guardrails'
Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.
Sri Lanka’s new leftist government sticks within IMF ‘guard rails’
The IMF reached an agreement with the administration of President Dissanayake to continue the four-year loan negotiation last year.
IMF to release $333 million to Sri Lanka: Global lender reports signs of an economic recovery
The IMF agrees to approve a new relief package for Sri Lanka as the country faces its worst financial crisis in 70 years.
Hiru News2h
IMF head Kristalina Georgieva lauds Sri Lanka's progress in economic reforms
IMF head Kristalina Georgieva lauds Sri Lanka's progress in economic reforms. Most visited website in Sri Lanka.
International Monetary Fund9h
IMF Managing Director Kristalina Georgieva Statement to the Financial Community on Sri Lanka
Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...
EconomyNext7h
In Sri Lanka ISB exchange, high creditor participation vital: IMF’s Georgieva
High creditor participation in an exchange of defaulted sovereign bonds for new securities is vital for the success of the ...
devdiscourse19h
Sri Lanka's Strategic Debt Restructuring: A New Chapter in Economic Stability
Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...
Sri Lanka launches long-awaited bond swap in key step to emerge from default
Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...
Hiru News2h
Sri Lanka Chamber of Commerce welcomes IMF staff-level agreement
The Sri Lanka Chamber of Commerce has expressed its support for the staff-level agreement reached following the third review ...
Sri Lanka Kicks Off Much-delayed $12.5bn Bond Deal
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.
EconomyNext7h
High creditor participation in Sri Lanka ISB exchange vital: IMF’s Georgieva
High creditor participation in an exchange of defaulted sovereign bonds for new securities is vital for the success of the ...
U.S. News & World Report9h
Sri Lanka Eases Monetary Policy, Sets New Single Key Rate
Sri Lanka's economic rebound began after the country secured a $2.9 billion programme from the International Monetary ...