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COLOMBO (Reuters) -The International Monetary Fund and Sri Lanka have reached a staff-level agreement on economic policies to conclude the second review of a four-year bailout programme, the ...
March 20, 2024 at 5:20 PM. (Reuters) - Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News ...
March 6, 2024 at 3:39 AM. COLOMBO, Sri Lanka (AP) — Sri Lanka's president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from ...
2021 Sri Lanka floods. The 2021 floods and landslides in Sri Lanka are flash floods and mudslides which were caused from heavy torrential rainfalls during May and June 2021. As of 7 June 2021; the monsoon floods affected in about 10 districts, killing at least 17 persons including about 10 because of floods and 4 people because of mudslides.
Daily News (Sri Lanka) Daily News. (Sri Lanka) The Daily News is an English-language newspaper in Sri Lanka. It is now published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing on 3 January 1918. [1]
The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
Sri Lanka said Wednesday that it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring, a crucial move toward unlocking a second ...