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 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 Dissanayake to restart IMF talks to end economic crisis ...
WEB4 days ago · Updated 5:38 PM PDT, September 25, 2024. COLOMBO, Sri Lanka (AP) — Sri Lanka’s new President Anura Kumara Dissanayake said Wednesday that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history. “We expect to discuss debt ...
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 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'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...
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.
Sri Lanka swears in leftist president as concerns grow for IMF deal
WEBSep 23, 2024 · Sri Lanka is trying to complete a $3bn IMF bailout agreed last year and finalise a debt restructuring. Outgoing president Ranil Wickremesinghe, who came third in Saturday’s election, said last ...
Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion …
WEB4 days ago · COLOMBO (Reuters) -Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward ...
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...