Sri Lanka's new president seek changes to IMF deal
WEB22 hours ago · Colombo (AFP) – Sri Lanka's new president Thursday urged the IMF to consider "alternative means" to continue with a $2.9 billion bailout that aided his country in the wake of a sovereign default ...
Sri Lanka to move forward with third review of near $3 bln IMF …
WEB23 hours ago · Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the island nation ...
High-level IMF team meets Govt. officials to discuss economic …
WEB1 day ago · A high-level delegation from the International Monetary Fund (IMF) arrived in Sri Lanka yesterday to engage with the newly formed Government led by President Anura Kumara Dissanayake. The primary objective of the visit is to initiate discussions on the progress of the IMF Program and necessary steps …
Sri Lanka and the IMF
WEBJun 13, 2024 · Sri Lanka and the IMF. LATEST. IMF Staff Concludes Visit to Sri Lanka, August 2, 2024. Press Release. IMF Executive Board Concludes 2024 Article IV Consultation with Sri Lanka and Completes the Second Review Under the Extended Fund Facility, June 12, 2024. Press Release | Staff Report | Video of Press Briefing | Transcript.
IMF Executive Board Concludes 2024 Article IV Consultation with Sri ...
WEBJun 12, 2024 · The IMF Executive Board completed the 2024 Article IV Consultation and Second Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $336 million) to support its economic policies and reforms.
IMF Executive Board Approves US$3 Billion Under the New …
WEBMar 20, 2023 · The IMF Board approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of SDR 2.286 billion (about US$3 billion) to support Sri Lanka’s economic policies and reforms.
Sri Lanka's second review of $2.9 bln IMF bailout possible in first ...
WEBCOLOMBO, Dec 13 (Reuters) - The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and...
IMF approves second review of Sri Lanka's $2.9 bln bailout, warns …
WEBJun 13, 2024 · The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite signs of recovery and...
Sri Lanka will get the second tranche of a much-need bailout …
WEBDec 13, 2023 · The International Monetary Fund executive board has approved the release of the second tranche of a bailout package to help Sri Lanka recover from the worst economic crisis in its history.
IMF to assess Sri Lankan governance as part of $3 billion bailout
WEBSri Lanka increased income taxes sharply and removed electricity and fuel subsidies, fulfilling prerequisites of the IMF program. Authorities must now discuss with Sri Lanka’s creditors how to...