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Tag: Sri Lanka

Posted on April 5, 2023

New Zealand’s Milne tears through Sri Lanka in 2nd T20

Milne did the most damage for New Zealand, picking off Sri Lanka’s tailenders Dilshan Madushanka and Pramod Madushan without a run being scored. Milne took five wickets for just 26 runs as Sri Lanka’s …
Posted on April 5, 2023

“More MoUs with Philippine firms to negate USD 30 Mn trade deficit”

resulting in a trade deficit of USD 31.4 million Sri Lanka-Philippine Business Council (SLPBC) reelected President Ravi De Silva told the AGM held in Colombo recently. However the member companies of …
Posted on April 4, 2023

Once The Parliament Approves IMF Agreement, The Main Points Will Be Passed Into Law – Sri Lanka President

(MENAFN- Onlanka) once the parliament approves imf agreement, the main points will be passed into law – sri lanka president Posted in local news . Sri Lankan President Ranil Wic …
Posted on April 4, 2023

Pakistan raises interest rate by 100 Bps, as rising food prices cause stampedes

Although such a move was expected for both Pakistan and Sri Lanka, the rate hike is still lower than the 200 basis points rise predicted by investors. But higher borrowing costs will also hit business …
Posted on April 4, 2023

Economists predict further rate hikes for crisis-hit Pakistan, Sri Lanka

For Sri Lanka, seven economists expect the country’s central bank to keep the standing lending facility rate at 16.5% at 4.45 pm in Colombo after a surprise increase last month..For Pakistan, 34 econo …
Posted on April 4, 2023

Economists predict further rate hikes for crisis-hit Pakistan, Sri Lanka

For Sri Lanka, seven economists expect the country’s central bank to keep the standing lending facility rate at 16.5% at 4.45 pm in Colombo after a surprise increase last month..For Pakistan, 34 econo …
Posted on April 4, 2023

Pakistan, Sri Lanka Weigh Rate Hikes as Inflation, Debt Bite

Pakistan’s and Sri Lanka’s decades-high borrowing costs will be on spotlight Tuesday as elevated inflation persists and debt troubles linger.
Posted on April 4, 2023

Sri Lanka Determined Not To Seek IMF Assistance Again

It’s crucial for them to bring that money back to Sri Lanka,” he added. At the meeting, the President was joined by State Ministers of Finance, the Governor of the Central Bank, the Secretary of the …
Posted on April 3, 2023

Bangladesh, Sri Lanka, Ghana share climate prosperity plans

The V20 Group of Finance Ministers is a dedicated cooperation initiative of economies systematically vulnerable to climate change. The V20 membership stands at 58 countries representing some 1.5 …
Posted on April 3, 2023

Sri Lanka ratings upgrade depending on debt restructuring parameters and reforms programme

Sanath Nanayakkare Sri Lanka can reasonably expect a much desired ratings upgrade after the government of Sri Lanka has announced its debt restructuring plans and its sustained commitment to the …

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