The International Monetary Fund on Thursday said it expects the global sovereign debt roundtable to make Âtangible progress toward quicker debt restructurings for heavily indebted countries during a series of meetings in coming weeks.

By Saman Indrajith SJB Parliamentarian Eran Wickremaratne has called on the government in parliament to extend debt moratoria offered to small and medium Enterprises (SMEs). Wickremaratne said on Wednesday that following the pandemic, the prolonged economic crisis had heaped further burden on SMEs; he warned the failure to provide relief could result in more job losses. “This […]

New laws contemplated by the government appears to have caused much concern among Opposition political parties for obvious reasons. The constitutionality of the proposed Broadcasting Authority Bill is expected to be challenged in the Supreme Court. The whole process of law making raised quite a stir in the wake of the recent shocking Supreme Court […]

Power Energy Minister Kanchana Wijesekera on Monday (June 05) held a discussion with the U.S. Deputy Assistant Secretary to the Treasury, Robert Kaproth on Sri Lanka s ongoing energy sector reforms and commitments to the International Monetary Fund (IMF).

By Rose Kenny During his recent visit to Japan, President Ranil Wickremesinghe highlighted the country’s resolute tilt towards Asia, signalling a strategic shift in its foreign policy. Building on the government’s vision to elevate Asia as a global centre of economic integration, President Wickremesinghe’s address at the Nikkei Forum, Future of Asia, outlined his vision for the region. This inclin...

The Lankan economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions, says Kenji Okamura, Deputy Managing Director of the International Monetary Fund (IMF) issuing a statement at the conclusion of his visit to Sri Lanka. However, the economic

Sri Lanka’s economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions, Kenji Okamura, Deputy Managing Director of the International Monetary Fund (IMF) said, issuing a statement at the conclusion of his visit to Sri Lanka. However, the economic

Sri Lankan authorities are showing strong commitment to implementing economic reforms, however, this reform momentum must be continued amid a challenging economic recovery process, International Monetary Fund (IMF) Deputy Managing Director Kenji Okamura said after concluding his visit to the island

President Ranil Wickremesinghe making a special statement to the nation reiterated his commitment to prevent any regression of the country to its previous state and  his determination to transform Sri Lanka into a fully developed nation by 2048. The President explained at length the measures taken by the government in the past nine months to […]

A meeting between President Ranil Wickremesinghe and Deputy Managing Director of International Monetary Fund (IMF) Kenji Okamura was held at the Presidential Secretariat on Wednesday (31) afternoon. The discussion primarily focused on the progress of the IMF program between Sri Lanka and the IMF

Minister of Power and Energy Kanchana Wijesekera yesterday (30 May) held a meeting online with the International Monetary Fund (IMF), World Bank and the Ceylon Electricity Board (CEB).

The Deputy Managing Director of the International Monetary Fund (IMF), Kemji Okamura, has expressed his appreciation towards Sri Lanka s progress in its ongoing economic reforms, and has emphasised that the IMF is looking forward to further strengthen its ties with Sri Lanka.

Deputy Managing Director of the International Monetary Fund (IMF) Kenji Okamura will arrive in Sri Lanka tomorrow (May 31) for a two-day official visit, State Minister of Finance Shehan Semasinghe says.

India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar, has told the Indian Express. The IE story, filed from Ahmedabad, said: The Modi government, he [Jaishankar] underlined, is working on developing an “extended

India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar stressed on Saturday. The Modi government, he underlined, is working on developing an Âextended neighbourhood that involves islands in the Indian Ocean, Gulf countries