IMF

Pakistani Prime Minister Shehbaz Sharif has telephoned Sri Lankan President Ranil Wickremesinghe on Monday and discussed with him matters relating to the current economic situation of both the countries, a statement said. He…

development banks, but said that any exploration of capital increases for the institutions can only be considered after implementing reforms aimed at expanding their role beyond poverty reduction to tackle global challenges such as climate…

Debt restructuring is making progress in countries outside of the G20 common framework, such as Sri Lanka, the International Monetary Fund (IMF) says. Addressing a press briefing on Thursday, the global lender’s Director of Strategic…

The International Monetary Fund (IMF) says it has not discussed any plans for a digital services tax with the Sri Lankan authorities in the current program. In a statement, a spokesperson for the global lender further clarified that it…

The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe says he is of the view that Sri Lanka must adopt new industrial strategies to direct the country’s industries towards a growth path. The CBSL chief further…

A full-day special parliamentary session is taking place today during which the lawmakers will debate the proposed domestic debt optimization (DDO) plan. The Members of Parliament will vote on the proposed DDO if a division is requested…

The party leaders have decided to debate the Domestic Debt Optimization (DDO) program in the parliament tomorrow (July 01). Accordingly, the debate will continue from 9.30 a.m. to 7.30 p.m. The Members of Parliament are expected to vote…

The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default. The…

The parliamentary group of the Samagi Jana Balawegaya (SJB) has decided to vote against the Domestic Debt Optimization (DDO) program in the parliament on Saturday. The main opposition’s decision was communicated by the party’s general…

The Committee on Public Finance (COPF) is scheduled to meet officials from commercial banks, the Employees’ Provident Fund (EPF) and other relevant institutions for the second session of discussions on the proposed domestic debt…