IMF

The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund (IMF) deal in March. About $500 million of…

In an interaction with ThePrint team, High Commissioner Milinda Moragoda discussed topics including Sri Lanka's economic crisis and the need for a 'strategic partnership' with India.

President Ranil Wickremesinghe assured that the restructuring of domestic debt will have no impact on the membership balance of any public funds, including the Employees’ Provident Fund (EPF). He emphasized that the rate of return for…

Harbour and that’s where warships come from all countries”, the president expressed, adding that “We have no military agreements with China”. Wickremesinghe, who highlighted that Sri Lanka is a neutral country, ensured that the…

The Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe states that an extended bank holiday was declared from June 29 to July 03, 2023, including June 30, in order to obtain necessary time required for the domestic…

Wickremesinghe emphasized the need for timely and automatic access to concessional financing and highlighted the high costs incurred during the process.

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has assured the institution’s commitment towards supporting Sri Lanka’s economic reforms. Following her meeting with President Ranil Wickremesinghe,…

The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June 28, sources told Reuters, the biggest funding tranche for the crisis-hit island nation since an IMF deal in…

State Minister Amunugama has made this remark in response to the questions raised by the parliamentarians regarding the complexities in acquiring licenses for investments in Sri Lanka and other matters, during a recent meeting of the…