Sri Lanka’s new government upholds predecessor's controversial debt restructuring agreement
The debt restructuring is a key International Monetary Fund demand to rebuild the island’s economy, which suffered its worst ...
Ada Derana44m
IMF acknowledges Sri Lanka’s progress, warns of ongoing vulnerabilities
However, Kozack reiterated that Sri Lanka’s performance under the programme is strong, and reform efforts are bearing fruit ...
Sri Lanka approves controversial foreign debt deal
Sri Lanka's external debt stood at $46 billion at the time of its foreign debt default in 2022, when it ran out of foreign ...
Lanka Business Online40m
Sri Lanka’s Finance Ministry announces successful completion of OCC & IMF consultation process
Sri Lanka's government announced that, following the Agreement in Principle reached with representatives of its international and local holders of International Sovereign Bonds, the Sri Lankan authori ...