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Sri Lankan all-rounder Wanindu Hasaranga has been picked to play in the inaugural season of the Major Cricket League (MLC) in the USA. The draft for the inaugural season of the Major Cricket League (MLC) saw international cricket stars like former Australian skipper Aaron Finch, star Sri Lankan all-rounder Wanindu Hasaranga, Australian all-rounder Marcus Stoinis, […]
India and Sri Lanka today discussed the way forward in bilateral economic cooperation. Sri Lanka’s High Commissioner to India Milinda Moragoda met with the Minister of Finance and Corporate Affairs of India Smt. Nirmala Sitharaman in New Delhi today (21). This was the latest of a series of meetings High Commissioner Moragoda has had with […]
Sri Lanka’s premier transnational higher education provider, Universal College Lanka (UCL) is the exclusive partner for Monash Education Sri Lanka. UCL offers the Monash University Foundation Year and Degree Pathway Programmes which provide a guaranteed entry to the prestigious Monash University, ranked 44th in the world and a Group of 8 University in Australia. Upon […]
President Ranil Wickremesinghe says Sri Lanka is no longer bankrupt after the International Monetary Fund (IMF) approved a loan facility for the country. Making a special statement, President Wickremesinghe said that the approval of the IMF facility for Sri Lanka signals an end of Sri Lanka’s bankruptcy status. President Ranil Wickremesinghe emphasised that Sri Lanka […]
In a special statement following the approval of the extended credit facility by the Executive Board of the International Monetary Fund (IMF), President Ranil Wickremesinghe emphasized that Sri Lanka is no longer deemed bankrupt by the world.
The International Monetary Fund (IMF) denies claims it recommended postponing the Local Government (LG) elections. The LG polls were scheduled to be held earlier this month but has now been postponed to 25th April. IMF Mission Chief for Sri Lanka, Masahiro Nozaki told reporters that the IMF does not intervene in any country’s electoral processes. […]
Sri Lanka President Ranil Wickremesinghe emphasised that Sri Lanka is no longer considered as a bankrupt country by the world.The post Sri Lanka can no longer be considered a bankrupt country – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a senior economist at Moody's Analytics told Reuters on Tuesday.The post IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today.
In a special statement following the approval of the extended credit facility by the Executive Board of the International Monetary Fund (IMF), President Ranil Wickremesinghe emphasized that Sri Lanka is no longer deemed bankrupt by the world.
The International Monetary Fund (IMF) has emphasised the importance of anti-corruption and governance reforms as a central pillar of the EFF-supported program as they are indispensable to ensure the hard-won gains from the reforms benefit the Sri Lankan people.The post Anti-Corruption & Governance reforms are critical – IMF appeared first on Sri Lanka News - Latest Breaking News in Sri ...
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said yesterday (March 20) on the eve of a desperately needed US $ 2.9 billion International Monetary Fund (IMF) bailout.The post Sri Lanka seeks 10-year debt moratorium appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka is expected to receive the first tranche of funds from the International Monetary Fund (IMF) in 2 days, Peter Breuer, Chief of the Debt Capital Markets Division, Monetary and Capital Market Department at the IMF said. The IMF also said that it will continue to monitor Sri Lanka’s economic policies over the next […]
President Ranil Wickremesinghe is scheduled to make a special statement to the nation today (21) regarding the IMF Executive Board s approval for Sri Lanka s request for an extended arrangement under the Extended Fund Facility (EFF).
IMF s Asia Pacific Department s Senior Mission Chief for Sri Lanka, Peter Breuer and Mission Chief for Sri Lanka, Masahiro Nozaki are currently holding a virtual press briefing on the approved Extended Fund Facility (EFF) for the island nation.
The Sri Lanka Sub Aqua Club (SLSAC) – the oldest Dive Club in Sri Lanka, has partnered with ADEX Asia Dive Expo – the largest and longest-running dive consumer and trade show in Asia. ADEX Ocean Mission 2023 will be held from March 31 to April 2 at the Sands Expo and Convention Centre in […]
The United States has called on Sri Lanka to conclude debt restructuring agreements to ensure the IMF program and the economy stay on track. The US Ambassador to Sri Lanka Julie Chung welcomed the approval of Sri Lanka’s IMF package saying it was great news and an important step on the road towards economic recovery. […]
The Embassy of Switzerland to Sri Lanka and the Maldives together with the International Organization of la Francophonie will be hosting a theatrical performance of French and Swiss songs across three key cities in Sri Lanka with the view of celebrating Francophonie 2023, the annual celebration of the French language and Francophonie cultures with “Les […]
By Hiran H.Senewiratne The CSE will be able to maintain its growth momentum with IMF bailout prospects brightening this week. Consequently, foreign inflows to the CSE will improve in the future, Head-Market Development, CSE, Niroshan Wijesundara said. “To date the CSE has been able to register a 14 per cent growth and with the IMF […]
by Jehan Perera The government’s plans for reviving the economy show signs of working out for the time being. The long-awaited IMF loan is about to be granted. This would enable the government to access other loans to tide over the current economic difficulties. The challenge will be to ensure that both the old loans […]
Significant human rights abuses were recorded in Sri Lanka in 2022, the US State Department said in its annual Country Reports on Human Rights Practices released by US Secretary of State Antony J. Blinken. The 2022 Country Reports on Human Rights Practices noted there were reports that members of the security forces, primarily police, committed […]
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