by Dhammike Amarasinghe Synopsis The current economic crisis is not something brought about solely by corruption in high places or some recent policy mistakes of the...
President Ranil Wickremesinghe has established a committee to oversee the utilisation of the credit facility provided by the International Monetary Fund (IMF).The committee, which comprises President’s...
• The IMF Board approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 2.286 billion (about US$3 billion) to support Sri Lanka’s...
A press release from the International Monetary Fund (IMF) states that the Executive Board of the IMF approved a 46-month arrangement under the Extended Fund Facility...
China says it expects creditors, both countries and international financial institutions to work with Beijing to help Sri Lanka overcome the current financial difficulties. Chinese Foreign...
BY DR. Asoka Bandarage On September 1, 2022, debt-trapped Sri Lanka reached a preliminary agreement with the International Monetary Fund (IMF) for a 48-month Extended Fund...
by N.A.de S. Amaratunga The above topic is relevant to all countries experiencing economic crises for IMF and China, it appears are alternative and perhaps competing...
The IMF is looking for ways to expand donor coordination to middle-income countries, such as Sri Lanka, IMF Managing Director Kristalina Georgieva said on Thursday in...
(Nikkei Asia) Sri Lanka’s government appears increasingly upbeat about its chances of receiving International Monetary Fund (IMF) board approval for a USD 2.9 billion bailout by...
Sri Lanka expects the International Monetary Fund (IMF) Board to approve a $2.9 billion loan by year-end, according to a news report by Reuters.The IMF Board...