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- onlanka.com - Category : Breaking News - Relavancy : 0.1975663
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appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.

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- colombogazette.com - Category : Breaking News - Relavancy : 0.1975663

A fake report about a new cyber heist in Bangladesh Bank (BB) has hit news headlines in some media outlets in Bangladesh and some foreign countries. News coverage about the latest false rumour on cyber heist blames officials of the central bank of Bangladesh and aims to malign the Bangladesh

- onlanka.com - Category : Breaking News - Relavancy : 0.1975663

Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top

- onlanka.com - Category : Breaking News - Relavancy : 0.1975663

The International Monetary Fund (IMF) this week praised Sri Lanka for the progress it has made in implementing economic reforms, despite the difficulties faced by the public.The post IMF praises Sri Lanka’s economic progress amid challenges appeared first on Sri Lanka News | Breaking News

- onlanka.com - Category : Breaking News - Relavancy : 0.1975663
- onlanka.com - Category : Breaking News - Relavancy : 0.1975663

Debt owed by various countries, especially in South Asia and Africa, to China has multiplied in recent years.The post Debt owed by Pakistan, Sri Lanka and Bangladesh to China rise to record levels: Data appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.

- onlanka.com - Category : Breaking News - Relavancy : 0.1975663

Addressing the Parliament of Sri Lanka today (May 09), President Ranil Wickremesinghe provided a comprehensive overview of the country's economic journey over the past two years.The post Sri Lanka President highlights economic progress and future challenges appeared first on Sri Lanka News

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.01710875

[…]The post Foreign Debt Restructuring: Too Late & Too Short To Get Out Of The Debt Trap appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.13970047

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- onlanka.com - Category : Breaking News - Relavancy : 0.13970047

According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News

- onlanka.com - Category : Breaking News - Relavancy : 0.041477874

Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...

- onlanka.com - Category : Breaking News - Relavancy : 0.05530383

Sri Lanka began the International Monetary Fund and World Bank Group (IMF/WBG) Spring Meetings with a productive bilateral discussion with Kenji Okamura, the Deputy Managing Director of the IMF, according to State Minister of Finance, Shehan Semasinghe.The post Sri Lanka commences IMF-World Bank Spring Meetings with positive bilateral talks appeared first on ONLANKA - Sri Lanka Latest Breaking New...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.019552857

[…]The post Recovery, Growth & Toxic Imports appeared first on Colombo Telegraph.

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- onlanka.com - Category : Breaking News - Relavancy : 0.13970047

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[…]The post Palestine & Ukraine: Two More Nails In Imperialism’s Coffin? appeared first on Colombo Telegraph.

- onlanka.com - Category : Breaking News - Relavancy : 0.13970047
- onlanka.com - Category : Breaking News - Relavancy : 0.034564894

Mr. Rajith Keerthi Tennakoon, President Director General of Community Affairs, stated that between President Ranil Wickremesinghe’s assumption of office and February 2024, the Government of Sri Lanka has settled a total of US$ 1909.7 million in foreign debt and interest payments.The post Sri Lanka settles $1.9 Billion in Foreign Debt and Interest Payments: Official Statement appeared first on ONLA...

- onlanka.com - Category : Breaking News - Relavancy : 0.04839085

According to sources familiar with the matter, Bloomberg reports that global investors and officials from Sri Lanka are expected to convene for a second round of discussions with the aim of restructuring $12 billion in defaulted global bonds later this month.The post Global investors and Sri Lanka officials set for second round of Bond Restructuring talks appeared first on ONLANKA - Sri Lanka Late...

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.01710875

[…]The post Brahmins Demand A Debate On Debt appeared first on Colombo Telegraph.

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- colombotelegraph.com - Category : Breaking News - Relavancy : 0.019552857

[…]The post Conundrum Of Elections & IMF Programme appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.02444107

By Jehan Perera Tracing history and going back to the colonial era, President Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts, Sri Lanka has steadfastly upheld its democratic value of ensuring the functioning of both the government and the opposition without interruption.  The president was addressing members of […]

- onlanka.com - Category : Breaking News - Relavancy : 0.13970047

Tourist arrivals to Sri Lanka surged past the 600,000 mark by March 27, 2024, achieving this milestone in nearly half the time compared to last year.The post Tourist arrivals to Sri Lanka soar, surpassing 600,000 within 3 months appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top

- onlanka.com - Category : Breaking News - Relavancy : 0.04839085

Sri Lanka is hopeful it can resolve debt restructuring issues in the second quarter so it can get financing from the International Monetary Fund because external creditors are all engaging “positively,” according to the South Asian nation’s junior finance minister.The post Sri Lanka confident of meeting conditions for IMF funding soon – report appeared first on ONLANKA - Sri Lanka Latest Bre...

- onlanka.com - Category : Breaking News - Relavancy : 0.11176038
- onlanka.com - Category : Breaking News - Relavancy : 0.13970047

Sri Lankan President Ranil Wickremesinghe emphasizes the necessity of a new economic reform program for the country’s economic recovery.The post Sri Lanka President stresses vitality of new Economic reforms for country’s recovery appeared first on ONLANKA - Sri Lanka Latest Breaking News

- onlanka.com - Category : Breaking News - Relavancy : 0.027651915

The International Monetary Fund (IMF) team has reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 Article IV Consultation discussions.The post IMF reaches staff-level agreement with Sri Lanka on second review appeared first on ONLANKA - Sri Lanka...

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