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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.
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
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
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
[…] The post IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? appeared first on Colombo Telegraph.
[…] The post A Simple Way Out Of The Constitutional Trap 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
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.
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