The International Monetary Fund says that debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of ...
Six months after Sri Lanka qualified for an International Monetary Fund (IMF) Extended Fund Facility of $2.9 billion to tide over the worst economic crisis in its history, the IMF Board finally ...
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.
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 ...
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 ...
Sri Lanka expected a quick deal with creditors ... The new government secured a $2.9 billion bailout from the IMF in March under a 48-month programme that commits Colombo to painful reforms.
On March 20, IMF extended a nearly $3 billion bailout facility to debt-ridden Sri Lanka that would help stabilise the country's economy after it was jolted by a devastating economic crisis last year.
The International Monetary Fund 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. The IMF ...
The IMF has expressed hope that Sri Lanka's debt restructuring process would be completed by September, which is also the time for the global lender's formal review of the bailout facility it ...
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.
