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22-04-2022, Amsterdam: In the latest series of EFSAS interviews, Mr. Junaid Qureshi (Director EFSAS) welcomed virtually Professor Mick Moore, a highly regarded political economist and professorial fellow at the Institute of Development Studies at the University of Sussex. He is also the founding CEO of the International Centre for Tax and Development and was appointed […]
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[…] The post Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! appeared first on Colombo Telegraph.
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
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Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday.
Global rating agency Standard and Poor’s has lowered the long-term foreign currency sovereign credit rating on Sri Lanka to “SD” (selective default) from “CC” as the crisis-hit Island nation missed an interest payment on bonds. On April 18, Sri Lanka missed interest payments on its $1.25 billion international sovereign bonds maturing in 2023 and 2028. “We do […]
[…] The post Debt Trap, Lack Of Accountability & Blunders appeared first on Colombo Telegraph.
[…] The post Could The Central Bank New Governor Alone Grasp The Nettle! appeared first on Colombo Telegraph.
Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday. The post IMF... Click on the headline to read the full story
[…] The post New Faces & New Ethos Might Be Able To Save The Country appeared first on Colombo Telegraph.
Colombo: India continues help its close neighbor Sri Lanka which is facing the worst economic crisis in its history, by lending economic support and assistance. Indian Minister of Finance Nirmala Sitharaman told The International Monetary Fund recently to help Sri Lanka by extending its rapid aid facility even though Sri Lanka is classified as middle […]
China has cautioned Sri Lanka on the negotiations with the International Monetary Fund (IMF) saying it could impact talks with China. China’s Ambassador Qi Zhenhong was quoted as saying that Sri Lanka’s talks with the IMF will have an impact on Sri Lanka’s attempt to secure a US $ 2.5 billion loan from China. Ambassador […]
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[…] The post A Simple Way Out Of The Constitutional Trap appeared first on Colombo Telegraph.
[…] The post Three Years Since Easter Bombings, Yet No Justice In Sight! appeared first on Colombo Telegraph.
[…] The post People’s-Revolt Yes; Arab-Winter No appeared first on Colombo Telegraph.
[…] The post Dawn At Galle Face: Which Tomorrow? appeared first on Colombo Telegraph.
The International Monetary Fund said it held fruitful technical discussions with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
The International Monetary Fund said on Saturday that its staff held "fruitful technical discussions" with Sri Lankan authorities on the crisis-wracked country's request for an IMF-supported loan... Click on the headline to read the full story
The International Monetary Fund (IMF) has decided to support Sri Lanka’s efforts to overcome the current economic crisis by working closely with the authorities on their economic program. Issuing a statement today the IMF said that it will engage with all stakeholders in support of a timely resolution of the crisis. During the 2022 IMF […]
Three leading international firms are among firms seeking to provide financial advice to Sri Lanka to help revamp $12 billion in external debt. According to Reuters, Ayres Investment Management LLP, DecisionBoundaries LLC and Perella Weinberg LP are among firms seeking to provide financial advice to Sri Lanka’s creditors as the country heads towards a revamp […]
The International Monetary Fund said on Saturday that its staff held fruitful technical discussions with Sri Lankan authorities on the crisis-wracked country s request for an IMF-supported loan program this week.