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Sri Lanka’s stock market, once a darling of investors, has seen its value plummet 26% in the past year and now faces a crisis of confidence after its regulator quit in a storm of controversy. The tiny bourse became the world’s top gainer soon after the country ended decades of ethnic war, but three years later ...
- Stock Pool (Category: Business)
- Sri Lanka stock market roiled by scandal (Category: Breaking News)
- Demutualization (Category: Business)
- Investment Web (Category: Business)
The International Monetary Fund on Monday raised concerns over the resignation of the head of the Securities and Exchange Commission, observing that the regulator had been taking the right steps to ensure market participants obeyed the rules.
The International Monetary Fund on Monday raised concerns over the resignation of the head of the Securities and Exchange Commission, observing that the regulator had been taking the right steps to ensure market participants obeyed the rules.
(Reuters) - The International Monetary Fund has urged Sri Lanka to focus more on sales to India and China to boost its faltering exports and support economic growth. Sri Lanka's exports accounted for 17.8 percent of gross domestic product last year, slumping from 33 percent in 2001
- Trade Trends (Category: Business)
- Falling Barrier (Category: Business)
- Trade Fillip (Category: Business)
- Sri Lankaâs exports to India increased by 45% - Indian High Commissioner (Category: Breaking News)
Monetary Fund (IMF) today completed the eighth and final ...
- IMF approves instalment of loan payment (Category: Breaking News)
- IMF approves US$ 426 million for Sri Lanka under the SBA (Category: Breaking News)
- IMF final review discussion with President today (Category: Breaking News)
- IMF SAYS SRI LANKAN ECONOMY IS IMPRESSIVE (Category: Breaking News)
The International Monetary Fund (IMF) on Friday cleared Sri Lanka’s final tranche under the Stand-By Arrangement (SBA), approving a disbursement of US$415 million, and making it a final sum total of $2.5 billion.The Fund however noted that there is a slowdown in economic activity and declining
- Bus drivers and conductors to get EPF, ETF and insurance benefits (Category: Breaking News)
- Fitch issues first Sri Lankan fund rating (Category: Business)
- One-on-one with cast member of new 'Ratatouille' musical (Category: USA, Nebraska)
- One-on-one with cast member of new 'Ratatouille' musical (Category: USA, Nebraska)
Sri Lanka has succeeded in reaching the economic targets expected by the International Monetary Fund. Central Bank Governor Ajith Nivard Cabral said that the IMF had made this reference during a visit to Sri Lanka before the granting of final tranche. Mr. Cabral said that Sri Lanka has met all June
- Eastern Eye (Category: Business)
- Net Target (Category: Business)
- Budget Framework (Category: Business)
- Legal Forum (Category: Business)
Sri Lanka should be careful about the inflationary effects of liquidity created by large foreign exchange swaps with the Central Bank, an International Monetary Fund official said.
Sri Lankan government has had discussions with the International Monetary Fund (IMF) for fresh financial assistance, which will be discussed in detail in September, IMF officials said. "There's a possibility of (IMF) extending further financial assistance - similar to the current Stand
- IMF says technical talks will continue as planned until new government is formed (Category: Breaking News)
- Discussions with Sri Lankan authorities constructive and productive – IMF Team (Category: Breaking News)
- IMF plans in-person Sri Lanka mission in coming weeks for policy talks (Category: Breaking News)
- IMF hopes to soon resume Sri Lanka high-level discussions (Category: Breaking News)
Sri Lanka has got another US$ 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
- IMF appreciates Sri Lanka’s economic growth (Category: Breaking News)
- IMF to grant next installment (Category: Breaking News)
- Sri Lanka may not request the rest of the IMF loan – Cabraal (Category: Breaking News)
- IMF SAYS SRI LANKAN ECONOMY IS IMPRESSIVE (Category: Breaking News)
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
- Studies suggest AstraZeneca COVID-19 vaccine safe, effective (Category: USA, Mississippi)
- Studies suggest AstraZeneca COVID-19 vaccine safe, effective (Category: USA, Mississippi)
- Studies suggest AstraZeneca COVID-19 vaccine safe, effective (Category: USA, Mississippi)
- Studies suggest AstraZeneca COVID-19 vaccine safe, effective (Category: USA, Mississippi)
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
- IMF completes seventh review, approves US$426.8 million disbursement (Category: Breaking News)
- IMF approves the US$ 415 million final tranche of SBA for Sri Lanka (Category: Breaking News)
- IMF approves long-awaited $3 billion bailout for Pakistan (Category: Breaking News)
- IMF staff-level agreement not the final, President informs Speaker (Category: Breaking News)
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
- Sri Lanka says doesn't need IMF money (Category: Breaking News)
- SL does not need IMF money (Category: Breaking News)
- SL does not need IMF money, Cabraal (Category: Breaking News)
- Opening Up (Category: Business)
Whatever planetary conjunctions may come into formation two Full Moons before the Sinhala New Year for President Mahinda Rajapaka and his clan, the economic and political clouds are already gathering ominously over this usually sunny isle. The alleged war crimes allegations have come around for the third time this year in a vicious form. US ...
- Report will be ready by November 15 – LLRC (Category: Business)
- US to support UN resolution against Sri Lanka (Category: Business)
- SL attends UNHRC sessions with impressive post-conflict records: Former AG (Category: Business)
- Double-edged reconciliation (Category: Business)
Feb 10, Colombo: The International Monetary Fund (IMF) has welcomed the decision taken by the Central Bank of Sri Lanka to stop intervening in the rupee exchange rate and allow the market to determine the rate instead.
(Srilankamirror) -The International Monetary Fund says it is encouraged by Sri Lanka's monetary and exchange rate policy changes amid a sharp drop in foreign exchange reserves and significant widening of the current account deficit. "There was broad agreement that a decisive policy
Feb 03, Colombo: The International Monetary Fund (IMF) has commended the Sri Lanka Central Bank's to raise the monetary and exchange policy rates and the government's commitment to reduce the budget deficit.
The International Monetary Fund (IMF) on Friday said it was encouraged by Sri Lanka's monetary and exchange rate policy changes amid a sharp drop in foreign exchange reserves and significant...
COLOMBO — Sri Lanka said Tuesday it did not need the final tranche of a $2.6-billion IMF bailout thanks to the country's healthy foreign exchange reserves. The loan was granted in 2009 by the International Monetary Fund just after the end of the country's bloody ethnic civil war
- Foreign reserves level could stop IMF loan – Dr. de Silva (Category: Breaking News)
- Sri Lanka says doesn't need IMF money (Category: Breaking News)
- SL does not need IMF money (Category: Breaking News)
- SL does not need IMF money, Cabraal (Category: Breaking News)
It will not draw last tranche of US$800mil due to high interest rate by the global lender Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due
- Sri Lanka won't draw balance of IMF loan (Category: Breaking News)
- Conspicuous correction by CB (Category: Business)
- IMF to consider $ 800m loan for Sri Lanka (Category: Business)
- CB says all June-end IMF loan targets met (Category: Business)
The Central Bank has opted not to draw $800 million, the final balance of the International Monetary Fund’s Standby Arrangement as the interest rates are high, CB Governor Ajith Nivard Cabraal said. He made the observation when President Mahinda Rajapaksa met with Foreign correspondence
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central bank said.
COLOMBO: Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining US$800mil of a US$2.6bil loan from the global lender due to the high interest rate, the governor of the central...
(Srilankamirror) - Central Bank governor Ajith Nivard Cabraal said today (Jan. 30) that Sri Lanka will not draw the remaining $800 million of a $2.6 billion loan from the International Monetary Fund due to the high interest rate. The Lankan government is locked in a row with the global lender
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Sri Lanka, which is locked in a row with the International Monetary Fund over its exchange rate policy, will not draw the remaining $800 million of a $2.6 billion loan...
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