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IMF to release $333 million to Sri Lanka
Sri Lankan government agrees with IMF to implement savage austerity measures
The working class needs to prepare both politically and organizationally to confront the Dissanayake government’s attacks on their social and democratic rights.
IMF approves third review of Sri Lanka's $2.9 billion bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a statement, the global lender said it would release about $333 million,
IMF reaches staff-level agreement on third review of Sri Lanka’s EFF
IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review of Sri Lanka’s economic reform program supported by the IMF’s Extended Fun
Sri Lanka Ratifies Debt Restructuring: IMF Bailout Key
Sri Lanka's new government has ratified a debt restructuring agreement, a crucial step in securing the fourth tranche of a USD 3 billion IMF bailout package. The agreement, reached under the previous regime,
Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara Dissanayake told the first sitting of the new parliament.
Sri Lanka's President Makes U-turn On IMF Bailout
Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.
Sri Lanka debt: IMF releases new funds amid concern for poorest
The International Monetary Fund has approved a new installment of a 3-billion-dollar bailout package for Sri Lanka.
IMF to release $333 million to crisis-hit Sri Lanka
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the economy remains vulnerable. In a statement, the global lender said it would release about $333 million,
Sri Lanka's New Leader Sticks Within IMF 'Guardrails'
Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.
Sri Lanka’s new leftist government sticks within IMF ‘guard rails’
The IMF reached an agreement with the administration of President Dissanayake to continue the four-year loan negotiation last year.
IMF to release $333 million to Sri Lanka: Global lender reports signs of an economic recovery
The IMF agrees to approve a new relief package for Sri Lanka as the country faces its worst financial crisis in 70 years.
devdiscourse
9h
Sri Lanka's Strategic Debt Restructuring: A New Chapter in Economic Stability
Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...
3h
In Sri Lanka, A Landslide Win For The Centre-Left
Sri Lanka has witnessed several landslides at both presidential and parliamentary polls since then - in 1994, 2010, 2019, and ...
8h
Sri Lanka Kicks Off Much-delayed $12.5bn Bond Deal
Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in international sovereign bonds, a key condition to maintain an IMF bailout loan.
Yahoo Finance
8h
Sri Lanka Kicks Off $12.6 Billion Distressed Debt Exchange
The restructuring could trim as much as $9.5 billion off
Sri
Lanka
’s debt servicing costs over the length of the
IMF
...
3d
Sri Lankan president announces JVP/NPP government will implement savage IMF austerity program in full
JVP/NPP parliament was convened, the new government jettisoned its election pledge to renegotiate the country’s bailout ...
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