Sri Lanka may take weeks to hire debt advisers | Business and Economy News
Appointing advisers is the first step in accessing emergency funds from development banks. By Eric Martin and Karthikeyan SundaramBloomberg Published On
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Bankruptcy
IMF says Sri Lanka needs to be on a sustainable debt path | Business and Economy News
IMF says Sri Lanka’s debt is unsustainable and it needs to restore debt sustainability before it can get any funds.
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Sri Lanka asks IMF for urgent financial assistance | Business and Economy News
The IMF may consider this request due to the unique circumstances, an aide to the nation’s finance minister said. Sri
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As Sri Lanka is set to start IMF talks, what are its options? | Business and Economy News
When Sri Lankan officials arrive in Washington this week to meet with the International Monetary Fund amid an economic and
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Sri Lanka looks to IMF for an immediate bail out | Business and Economy News
A Sri Lankan delegation is headed to Washington next week, looking to secure up to $4 billion from the International
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Sri Lanka to suspend foreign debt payments | Business and Economy News
Colombo has taken the step as foreign reserves needed to pay for imports of essentials like medicines and food dwindle.
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Sri Lanka’s central bank denies risk of default | Business and Economy News
Sri Lanka is facing its worst financial crisis in decades, and foreign exchange reserves have fallen to $2.36bn. Sri Lanka’s
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In latest twist, India’s Future Group challenges lenders in court | Business and Economy News
It’s asking India’s top court to order its lenders and central bank to give it more time, not classify it
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Sri Lanka’s dilemma: Pay off debt or pay for milk, meds and gas | Business and Economy News
Colombo, Sri Lanka–A lone bullock cart carrying a barrel of Kerosene, a symbol of life in Sri Lanka in the
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Vodafone Idea finds a new investor to rescue it: Indian gov’t | Business and Economy News
Vodafone Idea will convert into equity its past dues to the gov’t, giving the latter a nearly 36 percent stake
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