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by Dr.Vickramabahu Karunaratne Not satisfied with having Sarath Fonseka and a huge number of Tamil political prisoners from the NE, the government has locked up Bharathi Dasan of the Democratic Peoples Front. The arrest of Bharathi Dasan at this juncture...
by Rick Westhead Toronto Star, South Asia Bureau TRINCOMALEE, SRI LANKA—The weathered wooden bench that serves as an open-air confessional booth at Our Lady of Guadalupe Catholic Church doesn’t enjoy much down time nowadays. It’s not that more people are...
The International Monetary Fund (IMF) is looking at Sri Lanka as a new model. Therefore, the country has to look at the role of growth in rural areas, Deputy Finance Minister Dr Sarath Amunugama said.
The International Monetary Fund (IMF) is looking at Sri Lanka as a new model. Therefore, the country..
A delegation from the International Monetary Fund (IMF) is scheduled to visit Sri Lanka next month, state owned Dinamina newspaper said in a front page report. During the visit, the delegation will meet with government official to discuss terms related to debt repayment and other issues related
A team from the International Monetary Fund is due to arrive in the island next month. The aim of the visit is to hold initial discussions on the granting of the 6th tranche of the IMF loan. Five instalments had already been granted to Sri Lanka following the approval of the credit in July last ...
Sri Lanka has successfully achieved the key September 2010 programme targets, namely, Net International Reserves (NIR), Reserve Money (RM) and Net Domestic Financing (NDF) under the IMF-SBA (International Monetary Fund Stand By Arrangement), states the Central Bank. .
Oct 05, Colombo: Sri Lanka has successfully achieved the key targets set by the International Monetary Fund (IMF) under its US$ 2.6 billion stand-by agreement (SBA) for September, the Central Bank said today.
The International Monetary Fund on Friday agreed to release around $213mn to Sri Lanka designed to top up the island’s dwindling foreign reserves. The IMF moves to repair battered finances had been “satisfactory” as it dished out the fifth instalment of a loan that now totals just under $1.3bn.
The IMF gives the nod for the release of the 4th instalment of the loan extended to Sri Lanka in the face of the steady economic conditions created by the rapid development . The members of the International Monetary Fund that met yesterday held detailed discussions on the current economic progress
The International Monetary Fund on Friday agreed to release around 213 million dollars to Sri Lanka designed to top up the island's dwindling foreign reserves.
The International Monetary Fund has agreed to release around USD 213 million to Sri Lanka designed to top up the islands dwindling foreign reserves.
Sept 25, Colombo: The Executive Board of the International Monetary Fund (IMF) Friday completed the fourth review of Sri Lanka's economic performance under the Stand-By Arrangement (SBA) and approved an immediate disbursement of about US$ 212.5 million.
The International Monetary Fund has approved the fourth tranche of $2.6 billion loan to Sri Lanka on Friday...
The International Monetary Fund (IMF) says that fundamental tax reform, including reform of the investment promotion regime, is central to achieving the government’s budget deficit reduction targets while creating the fiscal space for much-needed reconstruction and infrastructure investment
By GABRIELLA STERN NEW YORK -- Sri Lanka's president said Wednesday that rising labor costs in China present an opportunity for his South Asian country to attract foreign companies seeking an alternative low-cost manufacturing base....
The International Monetary Fund is optimistic that Sri Lanka will be one of the World’s high fliers in terms of growth in the coming quarters. Sri Lanka’s economy advanced by 8.5 percent during the second quarter of this year based on the success recorded in several sectors of the economy
Sri Lanka’s economy powers on. The Asian Times said whatever doubts Sri Lanka’s local and overseas investors had about constitutional amendments reinforcing President Rajapaksa’s already appreciable powers, The Asian Times said they did not show up in the stock market in the week since parliament approved the changes. Sri Lanka Stock Market Colombo All-Share Index ...
By Vidya Abhayagunawardena A World Bank report titled “Sri Lanka: Reshaping Economic Geography- Connecting People to Prosperity”, released in August, provides new insights on the geographic transformations in the country and identifies public policy priorities for connecting people lagging economically....
Sri Lanka’s debt ratings were raised by Standard & Poor’s after the end of a civil war and a $2.5 billion loan from the International Monetary Fund bolstered government finances.
The International Monetary Fund (IMF) has held discussions with Sri Lanka as part of an Article IV consultation and on the fourth review of the Stand-By Arrangement, approved on July 24, 2009.
The 4th instalment of the IMF loan will be granted to Sri Lanka in October. At a news briefing held in Colombo yesterday Dr. Brian Aitken, of the Asia and Pacific Department of the International Monetary Fund said that it has been recommended to issue the 4th instalment of 20 billion rupees to Sri
The International Monetary Fund indicates it will release the next tranche of a multi-billion dollar loan to Sri Lanka.
The International Monetary Fund (IMF) said Sri Lanka’s economic prospects had improved markedly and it has indicated it will release...
Sri Lanka ’s economic growth rate is expected to double this year, with the country firmly on the road to recovery after decades of ethnic war, a top International Monetary Fund official said yesterday.
Aug 23, Colombo: An International Monetary Fund (IMF) mission today concluded its visit to Sri Lanka to conduct discussions for the fourth review of the IMF's USD 2.6 billion Stand-By Arrangement approved in July last year, and expressed satisfaction with Sri Lanka's economic progress.
Sri Lankas economy is on the right track for the team to recommend the fourth tranche of the International Monetary Fund (IMF) Stand-By Agreement of approximately 200 million US dollars, said Dr. Brian Aitken of the IMF Asia and Pacific Department. ....
A visiting International Monetary Fund (IMF) mission in Sri Lanka to review its programme in the country expressed satisfaction over the progress of the Sri Lankan economy. The mission said today (23) that it could make the necessary recommendation to release the next tranche of US$ 200 million
Sri Lanka may not tap loans from the International Monetary Fund immediately as foreign-exchange reserves have climbed to a record, Deputy Finance Minister Sarath Amunugama said.
Aug 16, Colombo: An International Monetary Fund (IMF) delegation is currently in Sri Lanka to evaluate the IMF facilities provided to the country. The delegates of the IMF Review Mission are in the process of consulting local authorities.