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Tag: Sri Lanka

Posted on December 16, 2023

“Sri Lanka’s economy has made good progress”

Though Sri Lanka and Bangladesh received the International Monetary Fund’s loan payouts strengthening their buffers against risks to foreign exchange reserves, Sri Lanka has made good progress rising …
Posted on December 15, 2023

Pandora Papers Exposes Sri Lankan Minister Tiran Alles Over Offshore Holdings

(.td-a-rec-no-translate){transform:translateZ(0)}.tdi_2 tdi_2 img{margin:0 auto 0 0}@media tdi_2{text-align:center}} Sri Lanka …

( read original story …)



Posted on December 14, 2023

US Examined Hindenburg Allegations Against Adani Group Before $553 Million Investment In Sri Lankan Project To Offset Chinese Influence

As reported by BQprime, The International Development Finance Corp. (DFC) conducted a thorough due diligence investigation, emphasising that the Hindenburg report’s claims of Adani pulling off “the …
Posted on December 14, 2023

US Examined Hindenburg Allegations Against Adani Group Before $553 Million Investment In Sri Lankan Project To Offset Chinese Influence

As reported by BQprime, The International Development Finance Corp. (DFC) conducted a thorough due diligence investigation, emphasising that the Hindenburg report’s claims of Adani pulling off “the …
Posted on December 14, 2023

Sri Lankan public security minister used shell companies to own London flats

Tiran Alles, a businessman and politician, is the latest Sri Lankan official identified in the Pandora Papers data trove.

( read original story …)



Posted on December 14, 2023

Sri Lanka will get the second tranche of a much-need bailout package from the IMF

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.
Posted on December 14, 2023

IMF injected cash into Bangladesh, Sri Lanka. Are the two economies diverging?

Bangladesh and Sri Lanka have received loan payouts from IMF, strengthening their buffers against risks to foreign exchange reserves …
Posted on December 13, 2023

Wickremesinghe speaks to GB on resurrecting Sri Lanka’s economy, COP28

Gulf Business Group Editor Gareth van Zyl speaks to Sri Lankan President Ranil Wickremesinghe about his country’s economic reforms and climate plans …
Posted on December 13, 2023

Wickremesinghe speaks to GB on resurrecting Sri Lanka’s economy, COP28

Gulf Business Group Editor Gareth van Zyl speaks to Sri Lankan President Ranil Wickremesinghe about his country’s economic reforms and climate plans …
Posted on December 13, 2023

Sri Lanka to get access to $337 million from IMF to stabilise economy

The IMF Executive Board has completed the first review under the 48-month Extended Fund Facility with Sri Lanka, providing the cash-strapped country with access to about USD 337 million to restore …

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