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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 ...
- Sri Lanka confident of meeting conditions for IMF funding soon – report (Category: Breaking News)
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Sri Lanka bondholders ready for debt restructuring talks with authorities (Category: Breaking News)
- IMF ready to support Sri Lanka’s discussions with bondholders (Category: Breaking News)
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...
- Sri Lanka makes significant progress at the World Bank – IMF spring meetings in Washington (Category: Breaking News)
- IMF and Sri Lanka discuss steps to be taken to secure funds (Category: Breaking News)
- Sri Lankan delegation calls on top IMF, World Bank officials at 2024 Spring Meetings (Category: Breaking News)
- IMF wants social stability maintained in order to help Sri Lanka (Category: Breaking News)
On 19 April, Indians will begin choosing a new parliament for the next five years, as Prime Minister Narendra Modi seeks a third consecutive term. Opinion polls put his Bharatiya Janata Party (BJP) and its allies ahead. They are up against the Indian National Developmental Inclusive Alliance (India), which groups more than two dozen opposition […]
- Rahul Gandhi returns to India’s parliament as MP (Category: Breaking News)
- Key wins boost Indian PM Modi’s re-election bid (Category: Breaking News)
- Delhi’s chief minister arrested over corruption claims (Category: Breaking News)
- Rahul Gandhi sentenced to jail for Modi ‘thieves’ remark (Category: Breaking News)
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka bondholders’ proposal met with Government pushback (Category: Breaking News)
- Bill to trim president’s powers likely to become law within weeks (Category: Breaking News)
- Sri Lanka could benefit from debt-for-nature swap (Category: Breaking News)
The International Monetary Fund (IMF) and Sri Lanka discussed the next steps to finalize the 2nd Review of the IMF programme. The discussion took place between State Minister of Finance Shehan Semasinghe and IMF Executive Director for India and Sri Lanka Dr. Krishnamurthy Subramanian. “It is always a pleasure to meet with Dr. Krishnamurthy Subramanian, […]
- IMF commends Sri Lanka on hard-won economic gains (Category: Breaking News)
- Sri Lanka tells G-24 country’s economy has stabilised (Category: Breaking News)
- IMF commends Sri Lanka’s economic reforms endeavors (Category: Breaking News)
- Thai Airways resumes daily flights to Colombo (Category: Breaking News)
The Deputy Managing Director of the International Monetary Fund (IMF), Kenji Okamura has commended the Sri Lankan authorities on the implementation of a strong program and excellent reform progress, says Finance State Minister Shehan Semasinghe.
[…]The post Excitement Unleashed – Slot Games and Betting Options on Melbet Sri Lanka appeared first on Colombo Telegraph.
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Video: CoL has increased by 400 percent - Maithri (Category: Video)
- 400 Shops In Colombo To Be Sealed (Category: Breaking News)
[…]The post Nettles Needing To Be Grasped By Future Leaders Of Sri Lanka appeared first on Colombo Telegraph.
- Conundrum Of Elections & IMF Programme (Category: Breaking News)
- Legitimacy Deficit Haunts Government (Category: Breaking News)
- Regular Elections Are The Foundation Of Democratic Society (Category: Breaking News)
- The Missing Ingredients To Come Out Of The Economic Rut (Category: Breaking News)
A statement by academics of the university system We are in the midst of an existentially threatening economic crisis. With an ever-increasing debt burden and low economic prospects, we continue to grapple with uncertain economic futures and related social and political distresses. As university teachers, we are concerned about the multiplicity of recent proposals seeking […]
- Sri Lanka university lecturers want their issues resolved before admitting more students to univ... (Category: Breaking News)
- Seminar to be held to create awareness against leadership training programme for Sri Lankan univ... (Category: Breaking News)
- 10200 American scholarships on distant English learning for Univ. students. (Category: Breaking News)
- Sri Lanka to set up a Buddhist Univ. in Sanchi (Category: Breaking News)
Sri Lanka is looking forward to making progress in ending the ongoing debt restructuring negotiations at the IMF and the World Bank’s spring meetings, scheduled to begin from Monday, in Washington, PTI has reported. Shehan Semasinghe, the State Minister for fFnance, will lead the government delegation, along with Central Bank Governor Nandalal Weerasinghe, and Treasury Secretary […]
- President now expects IMF bailout next month (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- Will strongly support Sri Lanka on debt restructuring - IMF chief (Category: Breaking News)
- IMF working very hard to press for urgent debt resolution for countries like Sri Lanka - IMF chief (Category: Breaking News)
The “uncertainty” over the impending elections in Sri Lanka will cause a possible downward trend in the country’s economic outlook, the Asian Development Bank (ADB) has said, according to a PTI dispatch. Sri Lanka is set to face a presidential election in the last quarter of this year, while the parliamentary election is due mid-next year. […]
- Economic growth of 1.8% is expected in 2024 - Semasinghe (Category: Breaking News)
- President at Economic Summit 23 underscores need for radical economic restructuring (Category: Breaking News)
- JVP unveils its economic policy today (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
Sri Lanka’s foreign reserves had exceeded the five billion US dollar mark, State Minister of Finance, Ranjith Siyambalapitiya told journalists in Colombo yesterday (15). Siyambalapitiya said that in the recent past the Central Bank had bought large quantities of dollars from the domestic market as well. Siyambalapitiya also mentioned that Sri Lanka, in 2022, limited the imports […]
- Year 2010 budget to be presented in parliament in June (Category: Breaking News)
- Govt expects its nutritional program to yield benefits (Category: Breaking News)
- Siyambalapitiya denies involvement in robbery . (Category: Breaking News)
- All measures in place for “Deyata Kirula” Exhibition (Category: Breaking News)
[…]The post Debate Over Profits Of Banks: Who Shares Them Ultimately? – Part II appeared first on Colombo Telegraph.
- Debate Over Profits Of Banks: Who Shares Them Ultimately? (Category: Breaking News)
- Lending In A Recession: Banks Should Do Venture Capital Financing For Startups (Category: Breaking News)
- The Misunderstood Taxation Of EPF & Other Superannuation Funds (Category: Breaking News)
- Suspension Of Parate Execution Won’t Do; Establish Bad Bank To Resolve Issue Permanently: Dr. An... (Category: Breaking News)
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