How can Sri Lankan charities find international donors and partners?

IMF says G20 Common Framework delivering for Sri Lanka

- colombogazette.com

International Monetary Fund (IMF) Managing Director Kristalina Georgieva says the G20 Common Framework is delivering for countries outside of the Common Framework such as Sri Lanka.

She said that the top priority must be to ease the debt burden on countries, especially those who have been hit by exogenous shocks.

“We do have now the G20 Common Framework delivering for Chad, for Zambia, and also for countries outside of the Common Framework such as Sri Lanka and Suriname. They are benefiting from bringing creditors – both public and private – together,” she said.

She expressed these views while speaking at the closing press conference of the Paris Summit.

“We recognize we have to accelerate debt restructuring. Make it predictable, timely and provide breathing space to debtor countries through debt suspension during negotiations,” she said.

Georgieva said that the World Bank has shown leadership on debt suspension clauses in their programs.

“At the IMF, we have an instrument called the Catastrophe Containment and Relief Trust that allows us to directly provide debt relief to poorer countries when they’re hit by shock,” she said.

President Ranil Wickremesinghe was among those who attended the Paris summit. (Colombo Gazette)

You may also like

- onlanka.com

The Election Commission of Sri Lanka has announced that the 2024 Presidential election will be held between September 17 and October 16, 2024.The post Sri Lanka’s Presidential Election scheduled for day between September 17 and October 16 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.

- news.lk

President Ranil Wickremesinghe emphasized that Sri Lanka has the potential to become a developed country in the world if we unite and reach a consensus. He reiterated the importance of a shared agreement for the country’s progress.

- news.lk

State Minister for Technology, Mr. Kanaka Herath, announced that the amended bill to amend the Telecommunications Regulatory Act after 28 years will be presented to the Parliament tomorrow (10). Additionally, he highlighted plans for the drafting of the National Cyber Security Act in May.

- adaderana.lk

The Ceylon Electricity Board (CEB) is yet to submit the proposals regarding the reduction of electricity tariffs to the Public Utilities Commission of Sri Lanka (PUCSL), according to PUCSL chairman Prof. Manjula Fernando.

- adaderana.lk

The Meteorology Department warns that thundershowers accompanied by severe lightning are likely to occur at several places in Western, Sabaragamuwa, Southern, Eastern, Uva and North-central provinces and in Matale, Mullaitivu and Kurunegala districts today (9).

- adaderana.lk

Sri Lanka Women s Cricket Team Captain Chamari Athapaththu says now is not the right time to talk about whether or not she will retire from international cricket.

Resources for Sri Lankan Charities:View All

How important are accountability and transparency for a charity to receive international donations
How important are accountability and transparency for a charity to receive international donations

Sri Lankan Events:View All

Sep 02 - 03 2023 12:00 am - 1:00 am Sri Lankan Events - Canada
Sep 09 2023 7:00 pm Sri Lankan Events - Australia
Sep 16 2023 6:00 pm - 11:30 pm Sri Lankan Events - USA
Oct 14 2023 8:00 am Sri Lankan Events - UK

Entertainment:View All

Technology:View All

Local News

Local News

Sri Lanka News

@2023 - All Right Reserved. Designed and Developed by Rev-Creations, Inc