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

Minister Basil Rajapaksa has emphasized that no country can subjugate Sri Lanka. The country has its own strength. Responding to allegations, the Minister asserted that Sri Lanka is not under China’s control in terms of loans.Minister Basil Rajapakse, at a meeting of Heads of media institutions at Temple Trees today responded to allegations made by ...

Jan 30, Colombo: The Central Bank of Sri Lanka has decided not to draw the remainder of the US$ 2.6 billion given by the International Monetary Fund (IMF) due to the higher interest rate the Bank has to pay if the last tranche was received.

The Central Bank of Sri Lanka clarified on the question of it availing of further loans from the International Monetary Fund. This is in response to media speculation that Sri Lanka had turned dow...

DAVOS, Switzerland — Protesters in Moscow and Cairo fill public squares to demand representative government. Yet on the streets of Madrid and New York — or of Athens, which gave us the very word for democracy — discontent is almost as rampant. The only consistent messages seem to be that leaders around the world are failing ...

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...

COLOMBO, Jan 30 (Reuters) 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 from the global lender due to the high interest rate, the governor of the central bank said on Monday.

COLOMBO : Sri Lanka , which is in a standoff with the International Monetary Fund over exchange rate policy, will not draw the remaining $800 million of the global lender's $2.6 loan due to the high interest rate, Central Bank Governor Ajith Nivard Cabraal said on Monday.

The United States Tamil Political Action Council (USTPAC) calls on the International Monetary Fund (IMF) currently visiting Sri Lanka for consultations not to reinstate its loan until original conditions are met.Washington, DC. (PRWEB) January 29, 2012 “The IMF should not reinstate the loan to Sri

The International Monetary Fund is optimistic that Sri Lanka will secure the second place among countries which have the highest economic growth. Expressing views on the contents of the latest IMF Report, Minister Basil Rajapaksa said that the IMF had released a report yesterday reducing

Ms. Sharmini Coorey, who has worked at the International Monetary Fund (IMF) since 1986, on Monday was named to a top post as the head of the new IMF Institute, the fund announced.It said the new department is focused on helping member states build capacity and develop their key economic

Bloomberg:President Barack Obama is considering nominating Lawrence Summers, his former National Economic Council director, to lead the World Bank when Robert Zoellick’s term expires later this year, according to two people familiar with the matter. Summers has expressed interest in the job to White House officials and has backers inside the administration, including Treasury Secretary Timothy ...

The International Monetary Fund (IMF) said it is ready to discuss any Sri Lankan request for a follow up programme to its current US$2.6 billion loan programme, which is now...

Sri Lanka wants to enter into a fresh programme with the International Monetary Fund with the US$ 2.6 billion Standby Facility Arrangement expected to expire early this year, Central Bank Governor Aji .....

Feb. 25 (Bloomberg) -- The International Monetary Fund said it may consider changing a $2.6 billion loan package to Sri Lanka after the country’s 2009 budget deficit exceeded the lender’s target under the aid program.

The International Monetary Fund on Thursday said it would delay releasing the third tranche of Sri Lanka's 2.6-billion-dollar bailout package until after the island's new budget in May.

The International Monetary Fund (IMF) says that the overall economic condition in Sri Lanka is improving as expected.

The International Monetary Fund said on Thursday it is delaying the third tranche of a $2.6 billion ..

Feb 25, Colombo: Sri Lanka, by a substantial amount exceeded the overall deficit target of 7 percent of GDP required to receive the third tranche of the US$ 2.6 billion stand-by agreement and disbursing the installment would be delayed until after the general elections, an International Monetary

By Shihar Aneez COLOMBO, Feb 25 (Reuters) - The International Monetary Fund said on Thursday it is delaying the third tranche of a $2.6 billion loan to Sri Lanka after the government missed its 2009 deficit reduction targets....

The International Monetary Fund said on Thursday it is delaying the third tranche of a $2.6 billion loan to Sri Lanka after the government missed its 2009 deficit reduction targets, Reuters reports. MORE...

The International Monetary Fund (IMF) office in Colombo issued the following statement today at the conclusion of a 10-day visit by a staff team from IMF headquarters, states a media release from the Central Bank of Sri Lanka. READ MORE....

The International Monetary Fund has consolidated that Sri Lanka’s economy was growing as expected. This was revealed by an IMF team headed by Brian Aitken which visited the island for discussions on performance and policies under the stand-by arrangement approved by the Board last year. Addressing

The International Monetary Fund (IMF) says that the overall economic condition in Sri Lanka is impro..

The third installment of the 2.6 billion US dollar loan to Sri Lanka by the International Monetary Fund (IMF) has been withheld as the government was unable to meet the target set by the IMF during the last quarter of 2009 and due to irregular financial management of the government. The government

(Lanka-e-News, Feb.27, 2010, 10.30AM) The International monetary Fund (IMF) which was to grant the third installment of the original loan amount of US $ 2.6 billion to Sri Lanka...