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The International Monetary Fund (IMF) mission team concluding its visit to Sri Lanka said that despite early signs of stabilization, full economic recovery is not yet assured.The post Despite signs of stabilization, full economic recovery not yet assured – IMF Mission appeared
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- Anti-Corruption & Governance reforms are critical – IMF (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
- IMF and Sri Lanka reaches Staff-Level Agreement for US$ 2.9 Billion Programme (Category: Breaking News)
The International Monetary Fund s (IMF) Senior Mission Chief for Sri Lanka, Peter Breuer stated that there is no fixed timeline for the disbursement of the second tranche of the IMF s Extended Fund Facility (EFF) to Sri Lanka and that two important things are needed to be satisfied for the matter
An International Monetary Fund (IMF) mission team led by Mr. Peter Breuer and Ms. Katsiaryna Svirydzenka visited Colombo from September 14 to 27, 2023 in order to discuss economic and financial policies to support the approval of the First Review of the program under the Extended Fund Facility (EFF
The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources told Reuters.The post Sri Lanka’s revenue shortfall
- IMF not expected to discuss Sri Lanka before year-end – sources (Category: Breaking News)
- Sri Lanka’s tax revision helps correct tax revenue & expenditure imbalance – IMF (Category: Breaking News)
- IMF remains hopeful of Sri Lanka securing all financing assurances soon to unlock funding (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources told Reuters.
President Ranil Wickremesinghe is due to meet with the visiting team of the International Monetary Fund (IMF) today (26 Sep.).
By Rathindra Kuruwita President Ranil Wickremesinghe and the representatives of the International Monetary Fund (IMF) will today (26) discuss the progress Sri Lanka has made on its reform programme. This is the final discussion IMF representatives, who are here to review the loan before approving
- Minister admits further delay in IMF bailout package (Category: Breaking News)
- IMF approves long-awaited $3 billion bailout for Pakistan (Category: Breaking News)
- We are almost there with IMF bailout – CBSL Governor (Category: Breaking News)
- IMF staff-level agreement not the final, President informs Speaker (Category: Breaking News)
The Opposition has told the International Monetary Fund (IMF) that it will review the agreement reached with Sri Lanka if a new Government led by Sajith Premadasa takes office. A group of representatives of the International Monetary Fund met the Opposition Leader Sajith Premadasa today (25
- IMF MD and Ranil review progress on restructuring Sri Lanka’s debt (Category: Breaking News)
- Ranil asks West Bengal CM on opposition alliance leadership (Category: Breaking News)
- President seeks Sajith’s support to address key issues (Category: Breaking News)
- Interim-budget for 2022 passed (Category: Breaking News)
by Shihar Aneez State revenue has seen a shortfall of Rs. 100 billion as of now compared to the revenue target agreed with the International Monetary Fund (IMF), State Finance Minister Ranjith Siyambalapitiya said.Tax cuts for political reasons in December 2019 has resulted in a sharp fall in Sri
- 93 percent jump in tax collection in first half of this year (Category: Breaking News)
- Sri Lanka s tax revision helps correct tax revenue expenditure imbalance  IMF Mission (Category: Breaking News)
- Report to be soon out on those who slip through the tax net (Category: Breaking News)
- Only one income taxpayer paying over Rs. 300 mn. a year says Aluthgamage (Category: Breaking News)
Minister of Power Energy Kanchana Wijesekera on Thursday (Sept. 21) held constructive discussions with the officials of the International Monetary Fund (IMF) and the World Bank with regard to reforms in the energy and power sectors.
[…]The post SL Debt Justice Collective Writes Open Letter To IMF On DDO appeared first on Colombo Telegraph.
- An Open Letter To Mr. President Ranil Wickremesinghe (Category: Breaking News)
- Open Letter To The President: Mr. President, It’s Not Too Late! (Category: Breaking News)
- An Open Letter & Appeal To The IMF (Category: Breaking News)
- Target 2048 – Economic Democracy Principles Should Be Followed To The Letter (Category: Breaking News)
The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva and President Ranil Wickremesinghe reviewed progress on restructuring Sri Lanka’s debt. The discussion took place on the sidelines of the United Nations General Assembly (UNGA) in New York
- Iran sees potential to increase economic cooperation with Sri Lanka (Category: Breaking News)
- Government accused of suppressing voices of MPs (Category: Breaking News)
- US President meets Ranil in New York (Category: Breaking News)
- Sri Lanka’s Kaffir community to be used to attract tourists (Category: Breaking News)
In a crucial meeting held during the United Nations General Assembly (UNGA) in New York, Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, met with President, Ranil Wickremesinghe, to discuss vital economic matters. During the meeting, Ms. Georgieva and President
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has held a meeting with Sri Lanka President Ranil Wickremesinghe to discuss vital economic matters.The post IMF chief Kristalina and Sri Lanka President Ranil discuss ongoing reforms and debt restructuring efforts
- IMF chief and Ranil discuss restructuring Sri Lanka’s debt (Category: Breaking News)
- IMF says G20 Common Framework delivering for Sri Lanka (Category: Breaking News)
- Committed to support Sri Lanka’s economic reforms – IMF chief tells Sri Lankan President (Category: Breaking News)
- Virtual talks between IMF chief, President Ranil on Sri Lanka s situation (Category: Breaking News)
The managing director of the International Monetary Fund (IMF) Kristalina Georgieva has held a meeting with President Ranil Wickremesinghe to address crucial economic issues, the President s Media Division reported.
- Kamala Harris' VP win is huge for HBCUs, Tougaloo president says (Category: USA, Mississippi)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
- Shribman: Gorman, summoned to participate, is celebrated (Category: USA, Massachusetts)
The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed in October in Marrakech, despite a recent nearby earthquake that killed more than 2,900 people.
[…]The post IMF & Global Debt Crises appeared first on Colombo Telegraph.
- Paris Summit To Push For Global Debt Reforms & What Sri Lanka Could Bring To The Table (Category: Breaking News)
- Glocalization Without Financialization (Category: Breaking News)
- China’s Economy – Nothing Is Going Right! (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
The Chinese spy ship ‘Shi Yan 6’ has entered the Malacca strait, bound for Colombo, amid confusion over whether Sri Lanka has granted access for the spy vessel to dock at Colombo. According to reports last month, the Sri Lankan Defence Ministry has granted Shi Yan 6 access to dock at Colombo port. However, the Sri Lankan […]
- Sri Lanka approves request to dock Chinese Research / Survey Vessel Shi Yan 6 (Category: Breaking News)
- Sri Lanka approves request to dock Chinese research ship Shi Yan 6 (Category: Breaking News)
- Chinese research ship Shi Yan 6 - Approval not granted yet to dock in Sri Lanka  Foreign Ministry (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
Manusha Nanayakkara, the Minister of Labour and Foreign Employment, confirmed that the existing 9% employee benefit related to the Employee Provident Fund will remain unchanged.The post No harm to the Employee Provident Fund – Manusha appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Assured 9% benefit for EPF to continue for next four years– Minister Manusha Nanayakkara (Category: Breaking News)
- 30% of EPF for medical & housing (Category: Breaking News)
- EPF will not be negatively affected, Manusha assures (Category: Breaking News)
- No harm to the Employee Provident Fund (Category: Breaking News)
ECONOMYNEXT –Sri Lanka will have to wait till the International Monetary Fund (IMF) has completed its first review of the ongoing IMF programme for the government to review its own fiscal policy, an official said, noting however that it will not step out of the programme’s framework regardless
- IMF final review discussion with President today (Category: Breaking News)
- IMF staff to visit Sri Lanka in Sept. for first programme review (Category: Breaking News)
- Sri Lanka expects major debt restructuring deals as IMF to review bailout - report (Category: Breaking News)
- IMF board member expects Sri Lanka to pass first bailout review (Category: Breaking News)
[…]The post ‘Strictly Justify’ The Refusal To Give Info On Adani Power Project – RTI Commission Orders BOI appeared first on Colombo Telegraph.
- RTI Commission Directs Release Of List Of MPs’s Who Had Submitted Applications For Compensation ... (Category: Breaking News)
- Release Of Port City Tripartite Agreement Will Disclose What Sri Lankan Citizens Have Lost (Category: Breaking News)
- BASL Comes Within The Right To Information Act, RTI Commission Rules (Category: Breaking News)
- FDIs – BOIs & Exchange Crisis (Category: Breaking News)
The inaugural meeting to assess Sri Lanka’s progress on implementing economic reforms proposed by the International Monetary Fund (IMF) was held at the Presidential Secretariat on Thursday (14).The review will be held over two weeks from Thursday and the final discussion of the review will be held
- Man charged for abducting two women (Category: AU, New South Wales)
- Man charged with abducting two women (Category: AU, New South Wales)
- Authorities identify victim in fatal hit and run in western Iowa (Category: USA, Iowa)
- Authorities identify victim in fatal hit and run in western Iowa (Category: USA, Iowa)
The inaugural meeting to assess Sri Lanka’s progress regarding the implementation of the new economic reforms proposed by the International Monetary Fund (IMF) was held at the Presidential Secretariat yesterday(14).
The first review of the International Monetary Fund’s Extended Fund Facility (EFF) for Sri Lanka is slated to commence today (September 14).The post First review of IMF’s Extended Fund Facility for Sri Lanka to commence today appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF s first program review begins today; Sri Lanka hopeful of promising pathway for growth (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- IMF refutes reports on its advice to digital service tax in Sri Lanka (Category: Breaking News)
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
The inaugural meeting for the International Monetary Fund s first review of the Extended Fund Facility (EFF) program for Sri Lanka has commenced in Colombo.
The first review of the International Monetary Fund s Extended Fund Facility (EFF) for Sri Lanka is slated to commence today (Sept. 14).
Sri Lanka has accepted offers to exchange about $10 billion worth of defaulted local debt for new bonds, the Finance Ministry said on Tuesday, taking it a step towards meeting debt restructuring requirements ahead of an International Monetary Fund (IMF) review.The post Sri Lanka announces $10
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
- Sri Lanka Expects Major Debt Restructuring Deals as IMF to Review Bailout (Category: Breaking News)
- Japan, India and France to announce Sri Lanka’s debt restructuring negotiation process (Category: Breaking News)
- Sri Lanka to make $2.6 billion in loan repayments in first half of year (Category: Breaking News)
Sri Lanka has accepted offers to exchange about $10 billion worth of defaulted local debt for new bonds, the Finance Ministry said on Tuesday, taking it a step towards meeting debt restructuring requirements ahead of an International Monetary Fund (IMF) review.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday called on the G20 members to lead by example and deliver on the promises of $100 billion per year for climate finance supported by strengthening the Multilateral Development Banks. Speaking at the conclusion
- SL a warning sign to world:IMF Chief (Category: Breaking News)
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- IMF says changes to G20 Common Framework required for debt restructuring (Category: Breaking News)
- IMF flags debt restructuring hurdles for distressed economies (Category: Breaking News)
Sri Lankan officials will engage in talks with a team from the International Monetary Fund (IMF) from September 14th on the first review of the Extended Fund Facility (EFF) arrangement for Sri Lanka.The post IMF team in Colombo this week for first review of Extended Fund Facility appeared
- IMF Staff concludes visit to Sri Lanka and issued official statement (Category: Breaking News)
- IMF delegation to arrive in Sri Lanka on Thursday (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
- Sri Lanka’s revenue shortfall concerns IMF team – sources (Category: Breaking News)
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