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Tag: Sri Lanka

Posted on October 21, 2023

Will use 2nd IMF tranche to settle outstanding credit: Sri Lanka minister

Sri Lanka would utilise the IMF’s second tranche of the bailout deal to settle arrears owed to multilateral creditors while expediting the debt restructuring process, state minister of finance Shehan …
Posted on October 21, 2023

You Can Stay in the Once-private Homes of Sri Lanka’s Most Famous Architect — Here’s Where to Go

From the outside, the Colombo house of Geoffrey Bawa, the late Sri Lankan architect and pioneer of tropical modernism, does not command much attention. Bleary-eyed from our long-haul flight, my friend …

( read original story …)



Posted on October 21, 2023

Sri Lanka poised to receive IMF second tranche of $330mn – Semasinghe

State Minister for Finance Shehan Semasinghe says the agreement reached with the IMF and the staff-level agreement reached following the First Review of Sri Lanka’s Extended Fund Facility (EFF) arrang …
Posted on October 21, 2023

Sri Lanka’s once top corporate leader Lalith Kotelawala passes away at 84

ECONOMYNEXT – Lalith Kotelawala, Sri Lanka’s once prominent business mogul, passed away at 84 years in a private hospital in Colombo on Saturday, corporate sources said. He was the chairman of …

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Posted on October 21, 2023

CWC23: Netherlands win toss, put Sri Lanka to bowl first

Netherlands skipper Scott Edwards won the toss and elected to bat first vs Sri Lanka in Lucknow. Having caused a major upset, the Netherlands will have a spring in their stride when they take on a …
Posted on October 20, 2023

Sri Lanka assured by advisors that China Exim debt plan is ‘comparable’: Minister

ECONOMYNEXT – Sri Lanka’s financial advisor for its debt restructuring has assured the island nation’s authorities that China’s debt restructuring plan “is comparable” on the treatment, State Finance …
Posted on October 20, 2023

Sri Lanka assured by advisors that China Exim debt plan is ‘comparable’: Minister

ECONOMYNEXT – Sri Lanka’s financial advisor for its debt restructuring has assured the island nation’s authorities that China’s debt restructuring plan “is comparable” on the treatment, State Finance …
Posted on October 20, 2023

IMF review agreement will help Sri Lanka fast-track debt restructuring: official

The staff level agreement on the first review of the International Monetary Fund (IMF) programme will enable multilateral agencies to disburse remaining installments and help fast-track debt …
Posted on October 20, 2023

IMF to analyze debt deal between Sri Lanka & China Exim Bank

International Monetary Fund (IMF) says it looks forward to analyzing the details of the recent agreement between Sri Lankan authorities and the Export-Import Bank (Exim Bank) of China on debt treatmen …
Posted on October 20, 2023

Chinese Finance Minister reaffirms support for Sri Lanka’s debt optimising strategy

Chinese Finance Minister Liu Kun has reaffirmed China’s commitment to extend comprehensive support for the implementation of a medium-term and long-term programme that is mutually beneficial to both …

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