Sri Lanka receives first tranche of IMF bailout | Business and Economy
BREAKINGBREAKING, Rescue packages comes as Island nation is grappling with its worst economic crisis in 70 years. Sri Lanka has
Read MoreBREAKINGBREAKING, Rescue packages comes as Island nation is grappling with its worst economic crisis in 70 years. Sri Lanka has
Read MoreFrom: Inside Story The bankrupt nation faces a tough road ahead. Years of economic mismanagement and the effects of the
Read MoreSri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two
Read MoreSri Lanka’s president has said that the International Monetary Fund (IMF) has approved its request for a $2.9bn bailout and
Read MoreThe contraction is the biggest in the crisis-hit island nation’s 75 years of independence. Sri Lanka’s crisis-hit economy shrank by
Read MorePublic sector workers demand the government roll back high taxes imposed as a precondition to unlock $2.9bn IMF loan. Thousands
Read MoreIn February, the finance ministers of G20 countries met to discuss the challenges facing the global economy. It was a
Read MoreSri Lanka expects final approval from the International Monetary Fund (IMF) for a $2.9bn loan in the third or fourth
Read MoreSri Lankan President Ranil Wickremesinghe expected to address parliament on progress made in IMF negotiations. Sri Lanka is on the
Read MoreThe country is awaiting approval of a $2.9bn IMF bailout package as it endures its worst financial crisis since 1948.
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