IMF, Sri Lanka
IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said on Friday, a huge boost to the island nation's fragile economy.
Sri Lanka's new president navigates IMF bailout amid austerity measures
The IMF responded by highlighting the importance of sustaining economic recovery efforts, which have led to revived growth, reduced inflation, and improved revenue mobilisation.
Sri Lanka to Move Forward With Third Review of Near $3 Billion IMF Bailout
Sri Lanka needs to complete the third review of its IMF programme in order to receive about $337 million in funds and support the finalisation of a $12.5 billion debt restructuring with bondholders. (Reporting by Uditha Jayasinghe, writing by Pushkala Aripaka; Editing by Hugh Lawson)
Sri Lanka's new president says he'll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis i
Statement at the End of IMF Staff Visit to Sri Lanka
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
Sri Lanka to move forward with third review of near $3 bln IMF bailout
Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the island nation seeks to emerge from its worst financial crisis in decades.
IMF asks Sri Lanka to protect hard-won gains
Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund said Friday as the country's new president sought changes to its $2.9 billion bailout.
Sri Lanka's New President Seek Changes To IMF Deal
Sri Lanka's new president Thursday urged the IMF to consider "alternative means" to continue with a $2.9 billion bailout that aided his country in the wake of a sovereign default but imposed painful austerity.
Sri Lanka: IMF delegation met with Sri Lanka's Government Officials
Colombo, Sri Lanka - October 03, 2024 A high-level IMF delegation met with Sri Lanka's economic team to discuss the progress of the Extended Fund Facility. Positive discussions focused on economic reforms & future collaboration under the new government.
New Sri Lanka Leader Meets IMF, Completes Deal Consultation
Sri Lanka’s new president stuck to his campaign promises of reducing taxes and providing other relief to citizens in his ...
The Daily Mirror8h
Will remain steadfast partner in supporting Sri Lanka and its people: IMF
Asserting that the International Monetary Fund (IMF) remains a steadfast partner in supporting Sri Lanka and its people, ...
Ada Derana10h
Sri Lanka announces successful completion of OCC and IMF consultation process
The Ministry of Finance stated that Sri Lanka has successfully completed consultations with the Official Creditor Committee ...
EAM meets new Sri Lanka Prez on Colombo visit
India offered $20M in credit lines to Sri Lanka, potentially as a grant, during External Affairs Minister Jaishankar's first ...
The Daily Mirror7h
IMF stresses continued reform as key vulnerabilities linger in Sri Lanka
The International Monetary Fund (IMF) emphasised that Sri Lanka must maintain its reform trajectory, warning that “important ...
Sri Lanka gets backing from IMF, bilateral creditors for $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...