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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. The visiting delegates and the IMF Resident Representative in Sri Lanka Dr
by Mangala Samaraweera This week marks a momentous occasion in my political journey. After 22 years of politics in the Sri Lanka Freedom Party (SLFP), a party to which I have given the best years of my life, I have...
By Athiyan Silva Further evidence has emerged in recent weeks of the continuing political disintegration of the separatist Liberation Tigers of Tamil Eelam (LTTE), which was militarily crushed in May 2009 by the Sri Lankan military. Several reports indicate that...
By Sarath Kumara President Mahinda Rajapakse’s Sri Lankan government has invoked its draconian emergency regulations to lay serious criminal charges against the defeated president candidate, ex-Army Commander General Sarath Fonseka...
By Sarath Kumara President Mahinda Rajapakse’s Sri Lankan government has invoked its draconian emergency regulations to lay serious criminal charges against the defeated president candidate, ex-Army Commander General Sarath Fonseka...
The foreign reserves in Sri Lanka have increased. The International Monetary Fund granted two more loan installments to Sri Lanka recently. The Central Bank has said that accordingly the foreign reserves have increased to 5.7 billion US dollars. This amount would be adequate for 6 more months
The conditions imposed by the International Monetary Fund (IMF) and World Bank (WB) over the Sri Lankan economy were obediently carried out by United National Party when they came to power in 2002. The present Government does not adhere to such conditions. We are totally
By Saman Gunadasa and K. Ratnayake Sri Lankan deputy finance minister Sarath Amunugama presented a delayed interim budget for 2010 on Tuesday (Jun 29), outlining plans for austerity measures to meet the demands of the International Monetary Fund (IMF)....
Sri Lanka’s sovereign rating, which is on par with Kenya and Ukraine, may be raised as funds from a $2.5 billion International Monetary Fund loan improved the “external liquidity situation,” Standard & Poor’s said, speaking to Bloomberg News. The rating agency in October raised its outlook
Sri Lanka’s sovereign rating, which is on par with Kenya and Ukraine, may be raised as funds from a $2.5 billion International Monetary Fund loan improved the “external liquidity situation,” Standard & Poor’s said.
The Executive Board of the International Monetary Fund on Monday also agreed on a one year extension of the current twenty-month Stand-By-Agreement. Accordingly, future disbursements will be phased in seven equal amounts of 203. 9 million US $. In July 2009, following the end of the war, the IMF
The International Monetary Fund on Monday (28) completed its second and third reviews on Sri Lanka’s economic performances, under a Stand-By-Arrangement approved of in July 2009, following the end of the war. The 20 month Stand-By-Arrangement makes available resources equaling 400
International Monetary Fund (IMF) Resident Representative in Sri Lanka, Dr. Koshy Mathai, said Sri L..
The International Monetary Fund (IMF) today approved the immediate disbursement of US$407.8 million ( equivalent to SDR...
The International Monetary Fund says it has approved the disbursement of the delayed third tranche of a 2.6 billion dollar loan to Sri Lanka. The Executive Board of the International Monetary Fund said in a statement that the IMF completed the second and third reviews of Sri Lanka’s economic
Jun 29, Washington, D.C.: The Executive Board of the International Monetary Fund (IMF) Monday (June 28) completed the second and third reviews of Sri Lanka's economic performance under a program supported by a Stand-By Arrangement (SBA) and approved an immediate disbursement of US$ 407.8 million.
The International Monetary Fund said on Tuesday it had approved the disbursement of the delayed third tranche of a $2.6 billion loan to Sri Lanka. .
The International Monetary Fund (IMF) says it has approved the disbursement of the delayed third tranche of a $2.6 billion loan to Sri Lanka and allowed for the immediate disbursement...
Jun 28, Washington, D.C: The International Monetary Fund (IMF) executive board is scheduled today to hold the Second and Third Reviews of the US$2.6 billion the Stand-By Arrangement for Sri Lanka.
June 16, 2010: 11.00 am Siobhain McDonagh: (Mitcham and Morden) (Lab): I am grateful for the chance to highlight again the appalling treatment of Tamil civilians by the Sri Lankan Government....
President Mahinda Rajapaksa says the unfavorable attitude towards Sri Lanka was fast changing with even the United Nations, the Asian Development Bank and the International Monetary Fund now looking at...
May 21, Colombo: The International Monetary Fund (IMF) said Friday Sri Lanka's overall economic conditions are improving as expected and economy is likely to show strong growth this year and it may release the delayed third tranche of the $2.6 billion loan within 4-6 weeks.
Sri LankaÂs overall economic conditions are improving as expected and economy is likely to show strong growth this year, the International Monetary Fund said today.
A fiscal and monetary prudence program backed by the International Monetary Fund and donor loans wil..
COLOMBO (Reuters): The International Monetary Fund (IMF) urged the Sri Lankan government on Wednesday to speed up fiscal reforms and produce a more comprehensive deficit cutting plan if wants to get a multi-billion dollar loan back on track. READ MORE....
An International Monetary Fund mission will visit Sri Lanka next week to discuss the 2010 budget of President Mahinda Rajapaksa’s newly elected government as it evaluates whether to lend the island more money.
An International Monetary Fund mission will visit Sri Lanka next week to discuss the 2010 budget of President Mahinda Rajapaksa’s newly elected government as it evaluates whether to lend the island more money.
An International Monetary Fund mission will visit Sri Lanka next week to discuss the 2010 budget of President Mahinda Rajapaksa’s newly elected government as it evaluates whether to lend the island more money.
An International Monetary Fund mission will visit Sri Lanka next week to discuss the 2010 budget of President Mahinda Rajapaksa’s newly elected government as it evaluates whether to lend the island more money.
An International Monetary Fund mission will visit Sri Lanka next week to discuss the 2010 budget of President Mahinda Rajapaksa’s newly elected government as it evaluates whether to lend the island more money.