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Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
- IMF reaches staff-level agreement on Second Review of Sri Lanka’s EFF (Category: Breaking News)
- IMF reaches staff-level agreement with Sri Lanka on second review (Category: Breaking News)
The International Monetary Fund (IMF) 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. The EFF arrangement was approved by the IMF Executive Board for a total amount
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF commends Sri Lanka’s economic reforms endeavors (Category: Breaking News)
- IMF and Sri Lanka discuss next steps to finalize 2nd Review (Category: Breaking News)
- IMF remains very hopeful on Sri Lanka (Category: Breaking News)
Acknowledging that the independence of the Central Bank of Sri Lanka (CBSL) is an absolutely key pillar under its program, the International Monetary Fund (IMF) has said that it is important to maintain a high degree of transparency to explain how the CBSL s decisions are benchmarked.
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
- Sri Lanka reaches IMF staff-level agreement on first review (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF and Sri Lankan Authorities Reach Staff-Level Agreement on Economic Policies (Category: Breaking News)
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.The post Sri Lanka to start restructuring talks with investors next week, Bloomberg News reports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Global investors and Sri Lanka officials set for second round of Bond Restructuring talks (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Sri Lanka calls for debt-restructuring proposals from dealer managers (Category: Breaking News)
- Sri Lanka Expects Major Debt Restructuring Deals as IMF to Review Bailout (Category: Breaking News)
The visiting delegation of the International Monetary Fund (IMF) has met with Sri Lankan Opposition Leader Sajith Premadasa at the parliament complex on Wednesday (March 20).
Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday. A steering committee, comprising of bondholders, will begin talks as they weigh a proposal from the government to rework the overseas debt that has been in default since 2022, […]
- Mathews overlooked Chamari picked in The Hundred draft (Category: Breaking News)
- Nepal batsman Airee smashes six sixes in an over (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
- Thailand and Sri Lanka to sign FTA in February (Category: Breaking News)
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed to avert a sovereign default. “The IMF team has reached a staff-level agreement with the Pakistani authorities
- Spending Break (Category: Business)
- Sri Lanka’s JVP gen secy makes dubious claim on IMF deal, says loan “pittance” (Category: Breaking News)
- IMF gets blamed for the mess created by politicians - Nepali economist (Category: Breaking News)
- IMF hopes for resolution of Sri Lanka crisis to resume bailout talks (Category: Breaking News)
Japanese Ambassador to Sri Lanka, Mizukoshi Hideaki, met with National People’s Power (NPP) leader Anura Kumara Dissanayake at the JVP head office this morning (March 19).The post Japanese Ambassador meets NPP Leader to discuss Economic and Political issues in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- AKD, Japanese envoy discuss Sri Lanka s economic situation and upcoming prez poll (Category: Breaking News)
- Canadian High Commissioner Eric Walsh meets NPP Leader Anura Dissanayake (Category: Breaking News)
- NPP requests confirmation from SJB for proposed debate (Category: Breaking News)
- Anura Kumara Dissanayake selected as the next Presidential candidate of National People’s Power (Category: Breaking News)
ECONOMYNEXT –State-run Ceylon Electricity Board is losing qualified engineers at an alarming rate, after a currency collapse and new progressive taxes slapped on the debased salary, and they are not coming back, union officials said. Ceylon Electricity Board has a cadre of around 1,000 engineers but they have been usually managing with lower levels of […]
- CEBEU claims more than 150 engineers have left during last two years (Category: Breaking News)
- Minister Kanchana slammed over mud-slinging campaign targeting CEB staff (Category: Breaking News)
- CEB hit by exodus of technical staff (Category: Breaking News)
- Wide ranging rackets benefiting CEB engineers (Category: Breaking News)
Sri Lanka’s economy expanded for a second straight quarter as industrial activity picked up pace, buoyed by an International Monetary Fund bailout and lower interest rates.The post Sri Lanka’s economy expands for a second straight quarter appeared first on ONLANKA - Sri Lanka Latest Breaking
- Sri Lanka inflation rises for second month on high energy costs (Category: Breaking News)
- Sri Lanka’s economy returns to growth, led by agriculture (Category: Breaking News)
- Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says (Category: Breaking News)
- Sri Lanka President says China’s assurances to restructure Sri Lanka’s debt received and forward... (Category: Breaking News)
Sri Lanka s economy expanded for a second straight quarter as industrial activity picked up pace, buoyed by an International Monetary Fund bailout and lower interest rates.
Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva has refuted recent claims that he requested for a meeting with the visiting delegation of the International Monetary Fund (IMF).
The International Monetary Fund (IMF) has reportedly told the National People’s Power (NPP) that it was unaware of an all-party meeting with President Ranil Wickremesinghe. The President hosted a meeting earlier this week to discuss the IMF proposals but the opposition, except the Illangai Thamil
- NPP to continue working with the IMF (Category: Breaking News)
- NPP calls for debate among presidential candidates (Category: Breaking News)
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
- NPP gives Cardinal written assurance over Easter attacks (Category: Breaking News)
By Saman Indrajith President Ranil Wickremesinghe had told opposition political parties that they would be given an opportunity to meet a high powered International Monetary Fund (IMF) delegation last Monday to discuss the IMF programme, but he had not invited representatives of the IMF
- IMF won’t assist if govt. puts off LG polls (Category: Breaking News)
- SJB demands entire agreement with IMF, refuses to take part in vote (Category: Breaking News)
- Kiriella accuses IMF of double speak (Category: Breaking News)
- Harsha hints at Chinese hurdle in debt relief talks (Category: Breaking News)
The government says it is ready to discuss with the opposition the progress of the discussions with Sri Lanka s creditors and the programme of the International Monetary Fund (IMF).
A discussion took place this morning (March 14) at the Shangri La Hotel in Colombo between a group of representatives from the International Monetary Fund (IMF), including Peter Brewer, head of operations in Sri Lanka for the IMF, and representatives of the National People's Power (NPP).The post
- National People s Power to meet IMF delegation today (Category: Breaking News)
- NPP to continue working with the IMF (Category: Breaking News)
- IMF tells NPP it was unaware of all-party meeting (Category: Breaking News)
- Sri Lanka’s JVP says ready to form government with 15-20 MPs in current parliament (Category: Breaking News)
The National People s Power (NPP) is expected to meet the visiting team of the International Monetary Fund (IMF) on Thursday (14 March).
Sri Lanka: Repression of Civic Space Threatens Financial Reform The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s programme in the country, Human Rights Watch said in a letter
- Amnesty, too, condems proposed anti-terrorism law (Category: Breaking News)
- Colombo fails to meet obligations linked to GSP+ Scheme (Category: Breaking News)
- HRW urges IMF to oppose repression of civic space in Sri Lanka (Category: Breaking News)
- CSCD attacks proposed anti-terrorism law (Category: Breaking News)
The International Monetary Fund (IMF) should urge Sri Lanka s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF s program in the country, Human Rights Watch (HRW) has said in a letter to the global lender that was released today (March 13).
- Economic Czar (Category: Business)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch (HRW) said in a letter to the IMF that was released on Tuesday (March 12).The post
- IMF should oppose restrictions on Freedom of Expression, Civil Society Groups (Category: Breaking News)
- Abuses Undercut Proposed ‘Truth Commission’ – Human Rights Watch (Category: Breaking News)
- IMF urged to oppose restrictions on freedom of expression in Sri Lanka (Category: Breaking News)
- UN High Commissioner for Human Rights concerned about Anti Terrorism Bill, Online Safety Bill (Category: Breaking News)
Pakistan’s newly-elected President Asif Ali Zardari on Tuesday announced that he would not draw any salary during his tenure as part of his bid to help the cash-strapped country face the challenging economic hardship.The post Pakistan’s new president Asif Ali Zardari decides to forgo salary appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Pakistan s new president Zardari decides to forgo salary (Category: Breaking News)
- Pakistan-SL too for currency swap (Category: Breaking News)
- President to visit Pakistan on Feb 10 (Category: Breaking News)
- President visit to Pakistan (Category: Breaking News)
The International Monetary Fund (IMF) should urge Sri Lanka’s government to abandon draft legislation that would severely curtail civil society and jeopardize the IMF’s program in the country, Human Rights Watch said in a letter to the IMF that was released, Wednesday. The proposed Non-Governmental
- UN concerned over arrest of Muslim women in Sri Lanka (Category: Breaking News)
- Significant human rights abuses recorded in Sri Lanka in 2022 (Category: Breaking News)
- Spotlight sought on urgent human rights challenges in Sri Lanka (Category: Breaking News)
- US calls for victim centered reconciliation initiatives in Sri Lanka (Category: Breaking News)
The visiting delegates of the International Monetary Fund (IMF) held a discussion on Tuesday (March 11) at the Ministry of Power and Energy to review the progress of Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC) operations and commitments.
[…]The post IMF Should Oppose Restrictions On Freedom of Expression & Civil Society Groups: HRW appeared first on Colombo Telegraph.
- Reject New Counterterrorism Bill: Proposed Law Breaks Government Pledge To End Abuse – HRW (Category: Breaking News)
- Change Of Presidents Did Not Lead To Any Improvement In Human Rights: HRW (Category: Breaking News)
- HRW says Sri Lanka failed to meet obligations linked to GSP+ scheme (Category: Breaking News)
- Sri Lanka cracking down on dissent, threats of violence, intimidation: HRW (Category: Breaking News)
Tamil National Alliance (TNA) parliamentarian M.A. Sumanthiran says the opposition can only decide on whether to support the International Monetary Fund (IMF) programme after analyzing the IMF s technical assistance reports which he says the government has now agreed to provide.
President Ranil Wickremesinghe and Illangai Thamil Arasu Katchi (ITAK) Parliamentarian M. A. Sumanthiran discussed the proposals of the International Monetary Fund (IMF) after other opposition parties boycotted the meeting. During the discussions, Secretary to the Treasury Mahinda Siriwardena
- IMF tells NPP it was unaware of all-party meeting (Category: Breaking News)
- Sri Lanka President facilitates open dialogue with opposition on IMF proposals (Category: Breaking News)
- Second review of IMF-Supported Program for Sri Lanka begins (Category: Breaking News)
- IMF Executive Board approves bailout package for Sri Lanka (Category: Breaking News)
A discussion between the visiting team of officials from the International Monetary Fund (IMF) and representatives from the government and opposition regarding the IMF bailout programme is scheduled to be held today (11) at the Presidential Secretariat in Colombo.
- Economic Czar (Category: Business)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
- Sri Lanka cuts import levy, simplifies taxes (Category: Breaking News)
Opposition Leader Sajith Premadasa has turned down President Ranil Wickremesinghe’s invitation to a meeting with a visiting IMF delegation, today.The post Opposition to boycott today’s meeting with IMF appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- President calls Opposition Party Leaders for crucial meeting on IMF proposals (Category: Breaking News)
- China, U.S. to participate in first meeting of new debt roundtable on February 17 (Category: Breaking News)
- Opposition to boycott today’s meeting with IMF (Category: Breaking News)
[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
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- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
- The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid A... (Category: Breaking News)
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