The Sri Lankan delegation attending the International Monetary Fund (IMF) Spring Meeting 2012 will leave for Washington this week, the government news website reported.  The Spring Meetings of the IMF and World Bank will be held in Washington, DC from April 20 -22. The Minister

Apr 15, Colombo: The Sri Lankan delegation attending the International Monetary Fund (IMF) Spring Meeting 2012 will leave for Washington this week.

Sri Lanka will continue Iran crude, but will have to reduce Sri Lanka indirectly penalised by US sanction – Basil Reuters: Sri Lanka could trim Iran crude imports up to 20 per cent in the face of US sanctions, the island nation’s economic development minister said on Tuesday as it had taken strong measures to ...

TOKYO: Japan and China will seek to co-ordinate on supporting the International Monetary Fund’s (IMF) effort to contain Europe’s sovereign debt crisis, Japanese Finance Minister Jun Azumi said. “Rather than make decisions independently, we’ve agreed to consult

DUBAI (Reuters): The United Arab Emirates’ central bank expanded its large exposure limit rules for commercial banks, introducing new caps for loans made to local governments and their entities in the first such change in nearly two decades. The oil-reliant UAE economy is recovering from the 2009-2010 debt crisis in Dubai, marked by a $25 ...

Apr 06, Colombo: Sri Lanka did not according to any conditions set by the International Monetary Fund (IMF) in securing the latest loan installment, Deputy Minister of Economic Development and Acting Minister of Mass Media and Information Lakshman Yapa Abeywardena said.

COLOMBO (Reuters): Sri Lanka’s central bank will have room to raise interest rates by at least another 50 basis points if April trade and inflation data show signs of stabilizing, the treasury secretary said on Wednesday. “Since we have already raised policy rates by half a percent (in February), maybe another 50 basis points upward ...

The rupee gained 1.7 per cent on Tuesday as exporters sold dollars after the International Monetary Fund approved thedisbursement of a long-delayed loan tranche of $ 426.8 million to the Government. The rupee strengthened to 126.00/126.30 a dollar from Monday’s close of 128.25/128.30. Dealers

$ 427 m released to boost reserves bringing total to $ 2.13 b under $ 2.6 b SBA; balance likely in mid-July Emphasises Govt. has taken several positive measures to stem current account deficit, reserve loss and bolster fiscal performance Says recent tax hike on vehicles “unexpected” but shows Govt.’s seriousness in dealing with Balance ...

The International Monetary Fund (IMF) has approved US$ 426.8 Million loan for Sri Lanka.

The International Monetary Fund will evaluate Sri Lanka's progress on measures to stabilise its economy before releasing the final tranche of a $2.6-billion bailout, a top IMF official said Tuesday.

The International Monetary Fund has approved another tranche under the stand-by arrangement for Sri Lanka, after the Executive Board of the IMF completed the seventh review of Sri Lanka’s economic performance.

The International Monetary Fund on Monday has approved a 426.8 Million US Dollars loan for Sri Lanka. The IMF Executive Board yesterday completed its seventh review on Sri Lanka’s economic performance under the 2.6 Billion US Dollar Stand-By Agreement and approved the immediate disbursement

Sri Lanka has got another US$ 426.8 million from the International Monetary Fund under the ongoing stand-by arrangement the country has with the agency. The money, which is equivalent to 275.6 million SDR comes following the IMF completing its seventh review of Sri Lanka’s economic performance

The International Monetary Fund (IMF) on Monday approved another tranche of US$426.8 million to Sri Lanka under the Stand-By Arrangement (SBA-loan), in a welcome injection to the country’s once, strong foreign reserves. This came after the board of executive directors approved the seventh review

The International Monetary Fund on Monday approved a $427 million loan for Sri Lanka, hoping to shor..

Apr 03, Washington D.C.: The Executive Board of the International Monetary Fund (IMF) on late Monday (02) completed its seventh review on Sri Lanka's economic performance under the US$ 2.6 billion Stand-By Agreement (SBA) and approved the immediate disbursement of an amount equivalent to US$ 426.8

The Executive Board of the International Monetary Fund (IMF) yesterday completed the seventh review of Sri Lanka’s economic performance under a program supported by a Stand-By Arrangement (SBA). The completion of the review enables the immediate disbursement of an amount equivalent to SDR

The International Monetary Fund on Monday approved a $427 million loan for Sri Lanka, hoping to shore up government coffers that have been ravaged by a massive trade deficit. .

The International Monetary Fund on Monday approved a $427 million loan for Sri Lanka, hoping to shore up government coffers that have been ravaged by a massive trade deficit.

WASHINGTON: The International Monetary Fund on Monday approved a $427 million loan for Sri Lanka, hoping to shore up government coffers that have been ravaged by a massive trade deficit.

The International Monetary Fund on Monday approved a $427 million loan for Sri Lanka, hoping to shore up government coffers that have been ravaged by a massive trade deficit.

Economic Development Minister Basil Rajapaksa yesterday had said the rupee would stabilise once the IMF money came into the country’s $ 59 billion economy. “Some people are holding dollar conversions and I think they will bring them when they see the stability. The stability level will be a price suitable for importers, exporters and Government,” ...

Sri Lanka is to get a $ 400 million lifeline following what is anticipated as a favourable decision on the part of the International Monetary Fund (IMF). The IMF Board was scheduled to meet Monday evening Washington Time, and its Resident Representative Koshy Mathai is scheduled to hold a briefing

COLOMBO: Sri Lanka's rupee edged down on Monday on last-minute importer dollar demand for the upcoming new year season, and as traders shrugged off an expected $400 million inflow from the International Monetary Fund's latest release of a loan tranche.

Apr 01, Colombo: Sri Lanka's Treasury vehemently rejected a comment made by an opposition parliamentarian that the tax revision went into effect from March 31 was made on the requirements of the International Monetary Fund (IMF).

Apr 01, Colombo: The Executive Board of Directors of International Monetary Fund (IMF) is to meet tomorrow (April 02) to decide on releasing the final tranche of a US$ 2.6 billion stand-by agreement with Sri Lanka.

The Executive Board of Directors of the International Monetary Fund (IMF) meets tomorrow (Monday) for a crucial session to decide on the final tranche of a US$2.6 billion loan to Sri Lanka. The board will be considering the seventh review of an IMF mission that visited Sri Lanka last month ahead

The International Monetary Fund (IMF) will consider making a $ 400 million loan disbursement to Sri ..

Reuters: The International Monetary Fund (IMF) will consider making a $ 400 million loan disbursement to Sri Lanka at a 2 April meeting and the final $ 400 million tranche of a $ 2.6 billion loan a few months later, the global lender said on Friday. The IMF has withheld the loan tranche