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

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 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

Reuters: The International Monetary Fund is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the United States and other countries are throwing up roadblocks. The United States and Canada

Reuters: Greece goes head to head with its creditors on Wednesday in a renewed attempt to break a deadlock in negotiations to slash the country’s debt and stave off default. International private sector creditors represented by the Institute of International Finance IIF.L were set to meet the government in the afternoon. Talks broke down on ...

International Consultants Chairman Ranjiv Goonawardena had kindly invited the Sri Lanka Tourism Promotion Bureau to participate by showcasing the great opportunity that Sri Lanka has to offer, at the Islamic Real Estate Finance (IREF) Summit and Gala Dinner Awards Ceremony of which it was a sponsor. International Consultants sponsored for the second year the ninth ...

The International Monetary Fund (IMF) said yesterday that Sri Lanka's devaluation of its currency was a good step and should support the nation's export competitiveness and safeguard its reserves.

The International Monetary Fund said on Wednesday that Sri Lanka's devaluation of its rupee currency was a good step and should support the island-nation's export competitiveness and safeguard its reserves over the medium-term.

The International Monetary Fund said on Wednesday that Sri Lanka’s devaluation of its rupee currency was a good step and should support the island-nation’s export competitiveness and safeguard its reserves over the medium-term.

The International Monetary Fund said on Wednesday that Sri Lanka's devaluation of its rupee currency was a good step and should support the island-nation's export competitiveness and safeguard its reserves...

COLOMBO: Sri Lanka’s president devalued the rupee currency by 3% in a shock monetary policy change that should boost export competitiveness and temper International Monetary Fund (IMF) pressure for exchange rate flexibility.

Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...

Qatar’s economic growth is expected to drop sharply to 5.1 percent in 2012, down from a projected 15 percent for this year due to receding hydrocarbon expansion, the Gulf state’s development planning authority GSDP said on Tuesday. “The GSDP foresees a sea change in the economy’s dynamics in 2012,” the General Secretariat for Development Planning ...

Sri Lanka Economic Association Conference – Key takes at the inauguration By Dinali Goonewardene The Government in addition to domestic constraints faces a series of external and global constraints and the Sri Lanka Economic Association at its annual sessions from 13-14 October 2011 discussed this under the theme ‘Achieving National Economic Goals Amidst Global Challenges’. ...

BEIJING (Reuters): China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country’s number four-ranked leader arrived for a visit of the continent, including Greece. “We hope that the EU countries concerned will reach a comprehensive settlement plan as soon as ...

The International Monetary Fund (IMF) yesterday stated that in the face of the global downturn, the performance of the Sri Lankan economy has been impressive. IMF Deputy Managing Director Naoyuki Shinohara told the Daily Financial Times that the Sri Lankan economy suffered a lot during the conflict

The International Monetary Fund on Wednesday advised Sri Lanka`s Central Bank to restrict its interv..

Sept 08, Colombo: The International Monetary Fund on Wednesday advised Sri Lanka's Central Bank to restrict its intervention and allow more flexibility in rupee exchange rate as the country's non-borrowed forex reserves have declined.

June 10, Colombo: The International Monetary Fund (IMF) on Friday advised the Central Bank of Sri Lanka to allow the exchange rate to reflect market forces flexibly and avoid sustained sales of foreign exchange to ensure the reserves remain healthy and the economy competitive.

The International Monetary Fund has approved the disbursement of an amount equivalent to about 218.3 million US Dollars. This follows its completion of the sixth review of Sri Lanka’s economic performance under a program supported by a Stand-By Arrangement. The immediate disbursement

by Darini Rajasingham Senanayake On 4 February, Sri Lanka celebrated its 63rd birthday. After nearly three decades of armed conflict, it is now one of Southasia’s calmest and fastest-growing countries. Its social indicators, apart from the northeast zone, remain the...