How a powerful dynasty bankrupted Sri Lanka in 30 months | Business and Economy News
Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless the incumbent
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International Monetary Fund
World Bank to provide struggling Sri Lanka with $600m | Business and Economy News
Sri Lanka’s worst financial crisis has left it struggling to pay for essentials, including food, fuel and medicines. The World
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Pakistan seeks more funds from IMF | Business and Economy News
Pakistan has sought an increase in the size and duration of its $6bn International Monetary Fund (IMF) programme, the country’s
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What’s the way out of Sri Lanka’s economic crisis? | Business and Economy
From: Counting the Cost Sri Lanka’s finance minister has made a request for a Rapid Financing Instrument with the IMF.
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Sri Lanka to receive World Bank aid as economic crisis deepens | Business and Economy News
Sri Lanka will receive up to $600m from the World Bank over the next four months to buy medicine and
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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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IMF, World Bank warn of ‘huge buildup of debt’ in poorest nations | Debt News
Rising interest rates are squeezing the world’s poorest nations, already struggling with COVID-19 and high food prices. The heads of
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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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