IMF approves 3rd review of Sri Lanka's $2.9 billion bailout

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 Chief Georgieva Addresses Sri Lanka Financiers
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to
IMF Managing Director Kristalina Georgieva Statement to the Financial Community on Sri Lanka
Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today:
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 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.
IMF approves third review of Sri Lanka's USD 2.9bn bailout
The International Monetary Fund said it reached an agreement with President Anura Kumara Dissanayake's administration to continue with the four-year loan negotiated by his predecessor last year.
IMF approves third review of Sri Lanka's $2.9 bln 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.
Sri Lanka’s new government gets IMF approval for fourth tranche of USD 3 billion bailout package
Anura Kumara Dissanayake, who heads the National People's Power (NPP), affirmed his administration's commitment to continue the IMF bailout programme initiated by the previous government.
IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks
The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m,
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 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 ...
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Sri Lanka’s Cabinet approves restructuring of international sovereign bonds
The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...
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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 ...
Sri Lanka Streamlines Monetary Policy to Single Benchmark Rate
Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.
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.
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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 ...