IMF approves third review of Sri Lanka’s $2.9bn bailout
COLOMBO: The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned ...
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Sri Lanka expects IMF staff level agreement on Friday to release further bailout funds
COLOMBO: Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country’s bailout ...
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Sri Lanka scraps plan to sell loss-making national airline
COLOMBO: Sri Lanka has scrapped plans to sell off its indebted national airline despite shortlisting three potential buyers, the government’s ...
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Sri Lanka bond holders agree to take 28% haircut: govt
COLOMBO: Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the government announced ...
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Sri Lanka’s economic crisis and debt deal with bilateral creditors
COLOMBO: Sri Lanka signed an agreement with its bilateral creditors led by Japan and India, Sri Lankan president’s office said ...
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‘Procedural issues’ delaying Sri Lanka debt deal: IMF
COLOMBO: Sri Lanka’s planned foreign debt restructure after an unprecedented economic crisis has been delayed by “procedural issues” in negotiations ...
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