Move signals change of course to fuel a rebound in the economy as the island recovers from worst ever financial crisis.
COLOMBO, Sri Lanka (AP) — The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the ...
The IMF on Monday said its executive board approved a nearly $3 billion bailout for Sri Lanka, and the country's presidency said the program will enable it to access up to $7 billion in overall ...
Sri Lanka's central bank cut its key interest rates by 250 basis points on Thursday as inflation eased, signalling that the ...
The IMF, which extended a USD 3 billion bailout facility to debt-ridden Sri Lanka, is currently on a consultation mission here to check on the country’s progress of the programme ahead of the ...
Sri Lankas central bank on Thursday slashed the policy interest rates by 250 basis points, the first since the historic contraction of the island nations economy in 2022, saying it will reduce high ...
"It is now essential to continue the reform momentum," said Krishna Srinivasan, Director of Asia Pacific Department at IMF. Sri Lanka, with the help of a $2.9 billion bailout from the global ...
Sri Lanka is struggling with its worst financial ... not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF Resident Representative in Pakistan said ...
Krishna Srinivasan, the IMF's director for Asia and Pacific, said expected economic growth of 1.5% next year hinges critically on the economic reform program Sri Lanka has agreed to undertake ...
The working class can only halt the IMF’s savage austerity measures by mobilising its independent political and industrial ...
Krishna Srinivasan, the IMF's director for Asia and Pacific, said expected economic growth of 1.5% next year hinges critically on the economic reform program Sri Lanka has agreed to undertake ...
Krishna Srinivasan, the IMF's director for Asia and Pacific, said expected economic growth of 1.5% next year hinges critically on the economic reform program Sri Lanka has agreed to undertake ...
