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- onlanka.com - Category : Breaking News - Relavancy : 0.17276753

The World Bank revised up its forecasts for Sri Lanka's economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.The post World Bank boosts Sri Lanka economic forecasts after inflation progress appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.20156212

The US government said a bondholder’s lawsuit against Sri Lanka over the country’s historic debt default should be put on hold.The post Sri Lanka Bondholder Lawsuit Should Be Put on Hold, U.S. Says appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- onlanka.com - Category : Breaking News - Relavancy : 0.8154361

The International Monetary Fund (IMF) has recommended sixteen priority actions in its recently released Governance Diagnostic Assessment (GDA) on Sri Lanka to address systematic and severe governance weaknesses and deep-rooted corruption vulnerabilities across State functions in order to unlock

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.17276753

[…]The post Take Great Care To Ensure The Reach Of RTI Commission Is Not Limited By Future Legislation: IMF Tells Government  appeared first on Colombo Telegraph.

- island.lk - Category : Breaking News - Relavancy : 0.8154361

By SHIHAR ANEEZ ECONOMYNEXT –Sri Lanka’s second tranche of a $3 billion loan from the International Monetary Fund is likely to be delayed as the country has failed to meet the program objective and a global lender’s official said there is no fixed timeline on the disbursement of second tranche. Sri

- onlanka.com - Category : Breaking News - Relavancy : 0.8154361

Negotiations to secure the second tranche of funding from the International Monetary Fund (IMF) to Sri Lanka are progressing positively, Acting Finance Minister Shehan Semasinghe announced.The post Sri Lanka’s acting finance minister says positive progress in securing second IMF tranche

- onlanka.com - Category : Breaking News - Relavancy : 0.2879459

Some members on the committee of Sri Lanka's official creditors are pushing to reach a deal to restructure the nation's debt without the participation of China, Bloomberg News reported on Wednesday citing people familiar with the matter.The post Some Sri Lanka creditors seeking debt restructuring deal without China appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.

- news.lk - Category : Breaking News - Relavancy : 0.9785233

  Acting Finance Minister Shehan Semasinghe announced that negotiations to secure the second tranche of funding from the International Monetary Fund (IMF) are progressing positively. He emphasized that the government’s economic reform efforts are currently under evaluation by the IMF.

- island.lk - Category : Breaking News - Relavancy : 0.8154361

The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9bn bailout package, due to a potential shortfall in government revenue generation, Al Jazeera has reported, quoting the lender. Speaking after a two-week visit to the country, IMF

- island.lk - Category : Breaking News - Relavancy : 0.23035671

Some of Sri Lanka’s official creditors are advocating for a debt restructuring agreement that excludes China, Bloomberg reported on Thursday (28.) This move, if successful, could have implications for how wealthier nations handle financial stress in developing economies. The proposal involves major creditors, including the US, Japan, and India, signing a memorandum of understanding with [...

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

Acting Minister of Finance Shehan Semasinghe says that Sri Lanka has to secure a staff-level agreement with the International Monetary Fund (IMF) review team to unlock the second tranche of the Extended Fund Facility amounting to approximately 330 million US Dollars.

- colombogazette.com - Category : Breaking News - Relavancy : 0.8154361

The International Monetary Fund (IMF) says despite early signs of stabilization, full economic recovery in Sri Lanka is not yet assured. Growth momentum remains subdued, with real GDP in the second quarter contracting by 3.1 percent on a year-on-year basis and high-frequency economic indicators

- colombogazette.com - Category : Breaking News - Relavancy : 0.17276753

Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, Bloomberg News reported on Wednesday citing people familiar with the matter. The members want the group of major creditors, including the US, Japan and India, to sign a memorandum […]

- onlanka.com - Category : Breaking News - Relavancy : 0.8154361

The International Monetary Fund (IMF) mission team concluding its visit to Sri Lanka said that despite early signs of stabilization, full economic recovery is not yet assured.The post Despite signs of stabilization, full economic recovery not yet assured – IMF Mission appeared

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

The International Monetary Fund s (IMF) Senior Mission Chief for Sri Lanka, Peter Breuer stated that there is no fixed timeline for the disbursement of the second tranche of the IMF s Extended Fund Facility (EFF) to Sri Lanka and that two important things are needed to be satisfied for the matter

- adaderana.lk - Category : Breaking News - Relavancy : 0.8154361

An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer and Ms. Katsiaryna Svirydzenka visited Colombo from September 14 to 27, 2023 in order to discuss economic and financial policies to support the approval of the First Review of the program under the Extended Fund Facility (EFF

- onlanka.com - Category : Breaking News - Relavancy : 0.6523489

The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources told Reuters.The post Sri Lanka’s revenue shortfall

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources told Reuters.

- adaderana.lk - Category : Breaking News - Relavancy : 1.3046978

President Ranil Wickremesinghe is due to meet with the visiting team of the International Monetary Fund (IMF) today (26 Sep.).

- island.lk - Category : Breaking News - Relavancy : 0.8154361

By Rathindra Kuruwita President Ranil Wickremesinghe and the representatives of the International Monetary Fund (IMF) will today (26) discuss the progress Sri Lanka has made on its reform programme. This is the final discussion IMF representatives, who are here to review the loan before approving

- colombogazette.com - Category : Breaking News - Relavancy : 1.1532007

The Opposition has told the International Monetary Fund (IMF) that it will review the agreement reached with Sri Lanka if a new Government led by Sajith Premadasa takes office. A group of representatives of the International Monetary Fund met the Opposition Leader Sajith Premadasa today (25

- island.lk - Category : Breaking News - Relavancy : 0.8154361

by Shihar Aneez State revenue has seen a shortfall of Rs. 100 billion as of now compared to the revenue target agreed with the International Monetary Fund (IMF), State Finance Minister Ranjith Siyambalapitiya said.Tax cuts for political reasons in December 2019 has resulted in a sharp fall in Sri

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

Minister of Power Energy Kanchana Wijesekera on Thursday (Sept. 21) held constructive discussions with the officials of the International Monetary Fund (IMF) and the World Bank with regard to reforms in the energy and power sectors.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.14252594

[…]The post SL Debt Justice Collective Writes Open Letter To IMF On DDO  appeared first on Colombo Telegraph.

- colombogazette.com - Category : Breaking News - Relavancy : 0.8154361

The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva and President Ranil Wickremesinghe reviewed progress on restructuring Sri Lanka’s debt. The discussion took place on the sidelines of the United Nations General Assembly (UNGA) in New York

- island.lk - Category : Breaking News - Relavancy : 0.8154361

In a crucial meeting held during the United Nations General Assembly (UNGA) in New York, Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, met with President, Ranil Wickremesinghe, to discuss vital economic matters. During the meeting, Ms. Georgieva and President

- onlanka.com - Category : Breaking News - Relavancy : 0.6523489

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has held a meeting with Sri Lanka President Ranil Wickremesinghe to discuss vital economic matters.The post IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructuring efforts

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has held a meeting with President Ranil Wickremesinghe to address crucial economic issues, the President s Media Division reported.

- adaderana.lk - Category : Breaking News - Relavancy : 0.9785233

The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed in October in Marrakech, despite a recent nearby earthquake that killed more than 2,900 people.

- colombotelegraph.com - Category : Breaking News - Relavancy : 0.115178354

[…]The post IMF & Global Debt Crises appeared first on Colombo Telegraph.

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