State Minister of Finance Shehan Semasinghe anno-unced yesterday that the International Monetary Fund (IMF) Executive Board is scheduled to review Sri Lanka’s progress under the Article IV …
IMF Board to review Sri Lanka’s progress on June 12
The Article IV Consultation and second review under the Extended Fund Facility (EFF) for Sri Lanka are on the International Monetary …
IMF’s second review for extended fund facility set for June 12: Sri Lanka Finance Minister
Wickremesinghe, also the finance minister, is intent on incorporating the reforms … Wickremesinghe yesterday urged cross-party support for the bill saying Sri Lanka has no alternatives to revive its …
Sri Lankan President Calls For Cross Party Support for Economic Transformation Bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged … who also holds the portfolio of minister of finance. “By the end of 2023, our debt was USD 83 billion over and above our GDP. We …
Sri Lankan President Calls For Cross Party Support for Economic Transformation Bill
Colombo: Sri Lanka’s President Ranil Wickremesinghe on Sunday urged … who also holds the portfolio of minister of finance. “By the end of 2023, our debt was USD 83 billion over and above our GDP. We …
Sri Lankan government to entrench IMF austerity in legislation
The Economic Transformation Bill (ETB) was presented to the Sri Lankan parliament on May 22 by President Ranil Wickremesinghe in his capacity as the minister for finance … including Investment Zones …
Sri Lanka shares end lower, dragged by real estate and consumer staples
BENGALURU: Sri Lankan shares closed lower on Monday, dragged by losses in real estate and consumer staple stocks. The CSE All Share index settled down 0.46% at 12,050.44. It has fallen in 11 out of …
15 killed, 19,000 trapped as heavy rains batter Sri Lanka, schools shut for today
Image Source : REUTERS Villagers walk through a flooded road in Biyagama, Sri Lanka. Colombo … killing hundreds of people and destroying property and crops. The UN food agency has warned that many …
10 dead and 5 still missing due to bad weather in Sri Lanka
The Disaster Management Centre has reported that at least 10 persons have died due to the prevailing adverse weather conditions across the island …
When IMF targets become Sri Lankan law
Even as Sri Lanka prepares for elections, laws are being rushed through a parliament without legitimacy. Among those many…. ..