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The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million). This brings the total IMF financial support disbursed so far to SDR 762
- IMF Executive Board approves US$ 337 million to Sri Lanka (Category: Breaking News)
- Government’s Letter of Intent for fresh IMF support under SBA (Category: Business)
- IMF Executive Board approves another US$336 million for Sri Lanka (Category: Breaking News)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million).
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, with Sri Lanka allowing the authorities to draw about US$336 million. This brings the total IMF financial support disbursed so far to SDR 762 million
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
- Sri Lanka to receive first tranche of IMF funds in two days (Category: Breaking News)
- IMF reaches crucial staff-level agreement with Sri Lanka following first review (Category: Breaking News)
The Executive Board of the International Monetary Fund (IMF) has approved Sri Lanka s second review under the Extended Fund Facility (EFF) programme, paving the way for the country to receive the third tranche of around USD 330 million, Sri Lanka s Foreign Minister Ali Sabry said.
The Central Bank of Sri Lanka (CBSL) has expressed confidence that the International Monetary Fund (IMF) will approve the release of the third tranche under the Extended Fund Facility (EFF) programme today (12).
Sri Lanka s State Minister of Finance Shehan Semasinghe says today (June 12) marks a significant milestone for Sri Lanka s economy as the International Monetary Fund s executive board is scheduled to discuss the second review of the Extended Fund Facility (EFF) and Article IV consultation.
Negotiations for the third tranche of the International Monetary Fund (IMF) loan to Sri Lanka are scheduled to commence tomorrow (June 12).The post IMF third tranche negotiations for Sri Lanka begin tomorrow appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Fund View (Category: Business)
- Reserve Track (Category: Business)
- Sri Lanka proposes investment friendly budget... (Category: Breaking News)
- IMF approves loan to Lanka (Category: Breaking News)
Minister of Transport, Highways and Mass Media, Dr. Bandula Gunawardena stressed the necessity of adhering to the loan agreements with the International Monetary Fund (IMF) irrespective of who is in power in Sri Lanka. He also said that parties aspiring to clinch state power have an obligation
[…]The post Voice Of The Voiceless appeared first on Colombo Telegraph.
- Black & White; No Shades? (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
- Are We Going To The Fringes Or Coming To The Middle? (Category: Breaking News)
- ‘Risk’ And ‘Fear’ (Category: Breaking News)
The International Monetary Fund (IMF) says there is a strong expectation that Sri Lanka will soon reach agreements with external commercial creditors consistent with program parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front
- SL’s second review: IMF Executive Board to meet on 12 June (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Wrapping up Sri Lanka external debt deals critical, property tax needed: IMF (Category: Breaking News)
Transparency International Sri Lanka (TISL) filed legal action on June 5 in the Supreme Court challenging the Public Financial Management Bill, highlighting concerns related to public procurement.The petition (SC SD 77/2024) points out that Clause 32 of the Bill seriously weakens the controls on public procurement, thereby enhancing the corruption risk and weakening the level […]
- TISL challenges Public Financial Management Bill in the Supreme Court (Category: Breaking News)
- TISL files petition challenging Anti-Corruption Bill (Category: Breaking News)
- TISL files FR petition over human immunoglobulin and other controversial medical supplies (Category: Breaking News)
- Medicine procurement scandal- TISL files petition, seeks to recover costs incurred (Category: Breaking News)
The International Monetary Fund (IMF) on Thursday (06) asserted that Sri Lanka could soon reach agreements with external commercial creditors consistent with programme parameters. “So overall we assess that there has been sufficiently strong progress on the debt restructuring front,”
- “Strong expectations” of SL soon striking deal with commercial creditors: IMF (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- Sri Lanka to brief creditors on IMF deal for economic recovery (Category: Breaking News)
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
Transparency International Sri Lanka (TISL) filed legal action in the Supreme Court challenging the Public Financial Management Bill, highlighting concerns related to public procurement. The petition (SC SD 77/2024) points out that Clause 32 of the Bill seriously weakens the controls on public procurement, thereby enhancing the corruption risk and weakening the level playing field. […]
- Sri Lanka Electricity Bill passed with amendments (Category: Breaking News)
- Proposed Electricity sector reforms published Gazette (Category: Breaking News)
- TISL seeks cross-party support for Anti-Corruption law (Category: Breaking News)
- Public Finance Committee requested to probe coal procurement (Category: Breaking News)
The International Monetary Fund (IMF) says macroeconomic policy reforms are starting to bear fruit in Sri Lanka. Julie Kozack, Director of the IMF Communications Department said that commendable outcomes include rapid disinflation, robust reserve accumulation, and initial signs of economic growth
- IMF says Sri Lanka yet to finalize deal with bondholders and creditors (Category: Breaking News)
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) believes Sri Lanka will soon finalize agreements with external commercial creditors that align with program goals.The post IMF expects Sri Lanka to finalize deals with creditors soon appeared first on Sri Lanka News | Breaking News & Top Stories in Sri
- Strong expectation that Sri Lanka will reach agreements with external creditors soon - IMF (Category: Breaking News)
- IMF staff concludes visit to Sri Lanka saying debt agreements with creditors critical (Category: Breaking News)
- Swift completion of final agreements with official creditors critical for Sri Lanka  IMF (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
The International Monetary Fund (IMF) says there is a strong expectation that Sri Lanka will soon reach agreements with external commercial creditors consistent with program parameters.
Japan, Sri Lanka’s largest bilateral lender after China, emphasized yesterday (June 5) the need for Sri Lanka to expedite its debt restructuring efforts for its own benefit.The post Japan urges Sri Lanka to speed up debt restructuring ahead of IMF review appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Japan says no pact yet with Sri Lanka on debt restructure talks (Category: Breaking News)
- China assures commitment towards Sri Lanka’s debt restructuring process (Category: Breaking News)
- Some Sri Lanka creditors seeking debt restructuring deal without China (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
[…]The post Proposed Enactment Of The Economic Transformation Bill appeared first on Colombo Telegraph.
- Plan For Transforming The Economy: Lacking Democratic Policy Governance, Will It Be Another Fail... (Category: Breaking News)
- A Postscript To Political Crisis: A Way Out (Category: Breaking News)
- Why Step Motherly Treatment Of The Oppressed Segments Of Society Via Micro Finance Bill? (Category: Breaking News)
- Citizens Need A Snow White To Prod The Dwarfs In Governance & Society! (Category: Breaking News)
The International Monetary Fund (IMF) Executive Board is set to review Sri Lanka’s progress under the Article IV consultation and the second review of the Extended Fund Facility (EFF) on June 12th. State Minister of Finance, Shehan Semasinghe said that the crucial session will assess
- Sri Lanka expects first review by IMF to be successful (Category: Breaking News)
- Sri Lanka confident of reaching Staff Level deal with IMF (Category: Breaking News)
- Sri Lanka yet to finalise restructuring domestic debt (Category: Breaking News)
- Sri Lanka to continue talks with bondholders (Category: Breaking News)
The Article IV Consultation and the second review under the Extended Fund Facility (EFF) for Sri Lanka are scheduled for discussion at the International Monetary Fund’s (IMF) Executive Board meeting on June 12, 2024, according to Sri Lanka’s State Minister of Finance Shehan Semasinghe.The post IMF executive board meeting on June 12 for Sri Lanka’s second review appeared first on Sri Lanka Ne...
- IMF executive board to meet on June 12 for Sri Lanka s second review (Category: Breaking News)
- IMF third tranche negotiations for Sri Lanka begin tomorrow (Category: Breaking News)
- IMF Executive Board to take up Sri Lanka s first review on Dec.12 (Category: Breaking News)
- IMF approves another tranche of 426.8 million dollars to Sri Lanka (Category: Breaking News)
The Article IV Consultation and second review under the Extended Fund Facility (EFF) for Sri Lanka are on the International Monetary Fund s (IMF) Executive Board meeting agenda for June 12, says State Minister of Finance Shehan Semasinghe.
[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
- Postponing Elections: Are There Limits To Popular Sovereignty? (Category: Breaking News)
- The Bleak Future For Sri Lanka : 75 Years After Independence (Category: Breaking News)
- Sri Lanka – Nation Building, Devolution & The 13th Amendment – Part III (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
The Sri Lanka Podujana Peramuna (SLPP), which commands a majority in Parliament, has opposed a proposal to postpone the Presidential and Parliament elections. SLPP National Organiser and MP Namal Rajapaksa said that postponing elections is not healthy for any democracy. “Postponing elections is not healthy for any democracy. Extending the terms of the President and […]
- Rajapaksas out in force for Sri Lanka election (Category: Breaking News)
- Immediate solutions from Namal Rajapaksa (Category: Breaking News)
- MP NAMAL RAJAPAKSA TAKES OATHS AS LAWYER (Category: Breaking News)
- “Satakaya” for Namal Rajapaksa (Category: Breaking News)
The United National Party (UNP) has proposed postponing the Presidential and Parliament elections to keep President Ranil Wickremesinghe in power. UNP General Secretary Palitha Range Bandara said that the economy needs to be rebuilt and the agreement with the International Monetary Fund (IMF
- EC to consider request to allow Sri Lankans overseas to vote (Category: Breaking News)
- Ranil proposed winding up UNP (Category: Breaking News)
- UNP suspends 1,137 local council members (Category: Breaking News)
- LG polls postponed again (Category: Breaking News)
President Ranil Wickremesinghe announced that the initiative to provide job opportunities for unemployed youth will commence once the country overcomes bankruptcy this year. The President also mentioned that next year will see the launch of a program aimed at introducing modern agriculture to villages in collaboration with private companies to revitalize the export economy. President Ranil Wickrem...
- Special Statement Delivered By President Ranil Wickremesinghe: Full Text (Category: Breaking News)
- No candidate vying for the presidency has announced plans to abolish executive powers (Category: Breaking News)
- President Ranil Wickremesinghe’s Policy Statement – Full Text (Category: Breaking News)
- Preliminary work to bring Starlink to Sri Lanka completed (Category: Breaking News)
with the International Monetary Fund (IMF) in respect of anti-corruption measures. The former Minister said [&...
- Visa muddle (Category: Breaking News)
- Visa controversy: SJB alleges Tiran Alles misled Parliament (Category: Breaking News)
- SLT Mobitel offered same service at USD 1 per person but VFS charges USD 25 plus – SJB (Category: Breaking News)
- Idiocy of new visa arrangements (Category: Breaking News)
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, according to official data released on Tuesday, as reported by Reuters.The post Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
- Sri Lanka’s consumer inflation dips to 33.6% in April (Category: Breaking News)
- Sri Lanka’s consumer inflation eases in May 2023 (Category: Breaking News)
- Sri Lanka consumer inflation dips to 49.2% year-on-year in March (Category: Breaking News)
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
The International Monetary Fund (IMF) this week praised Sri Lanka for the progress it has made in implementing economic reforms, despite the difficulties faced by the public.The post IMF praises Sri Lanka’s economic progress amid challenges appeared first on Sri Lanka News | Breaking News
- Monetary Reserves (Category: Business)
- Top Marks (Category: Business)
- IMF says Sri Lanka is doing well (Category: Breaking News)
- IMF mission concludes visit to Sri Lanka, expresses satisfaction on economic progress (Category: Breaking News)
[…]The post The Deciding Factor In Sri Lanka’s Election Debate: Policy Or Public Frustration? appeared first on Colombo Telegraph.
- Sri Lanka’s Political Landscape: Navigating A Tripartite Contest (Category: Breaking News)
- May Day Music Miscellany: Contest Between The SJB & The NPP & The UNP-SLPP Dilemma (Category: Breaking News)
- Feminist Revolt & Masculinity Pitfalls In The Bolshevik Camp: Sri Lanka’s Election Prelude (Category: Breaking News)
- JVP: From Idealism Of Anti-Indianism To Pragmatic Realism(?) (Category: Breaking News)
The International Monetary Fund (IMF) says Sri Lanka is yet to finalize agreements with bondholders and creditors. Julie Kozack, Director of Communications at the IMF said that the initial debt restructuring negotiations with external bondholders ended in mid-April without an agreement
- IMF wants Sri Lanka to implement deals with official creditors (Category: Breaking News)
- IMF says macroeconomic policy reforms bearing fruit in Sri Lanka (Category: Breaking News)
- IMF hopeful of deal between Sri Lanka and commercial creditors (Category: Breaking News)
- IMF praises Sri Lanka’s economic progress amid challenges (Category: Breaking News)
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