Managing Director of the International Monetary Fund Kristalina Georgieva says a more predictable, timely, and orderly processes are – Get the latest breaking news and top stories from Sri Lanka, the …
IMF calls for ‘timely and orderly processes’ of debt resolution for Sri Lanka
The International Monetary Fund (IMF) on Saturday called for ‘timely and orderly processes’ under common framework with regards to Sri Lanka’s debt resolution. The island nation faced severe economic …
Kazakhstan’s SCAT to commence flights to Sri Lanka from March
The Civil Aviation Authority of Sri Lanka (CAASL) on Wednesday announced that Kazakhstan’s major carrier SCAT Airlines will start flights to Mattala Rajapaksa International Airport from March 5, 2023.
Sri Lanka settles Rs191bn in arrears: Minister
ECONOMYNEXT – Sri Lanka has settled 191 billion rupees out of 360 billion rupees in arrears which were pending from August 31, 2022, State Minister for Finance Ranjith Siyambalapitiya has said. By …
Economic crisis: How Sri Lanka sleepwalked over a debt cliff
Sri Lanka’s economic crisis and sovereign default were the result of long-lasting fiscal indiscipline, weak institutions, lack of transparency and accountability and short-sighted economic policies.
Chinese loans to Pakistan, Sri Lanka may be used for coercive leverage: US
The US is deeply concerned that the loans being given by China to India’s immediate neighbourhood – Pakistan and Sri Lanka – may be used for coercive leverage, a senior State Department official has …
Chinese loans to Pakistan, Sri Lanka may be used for coercive leverage: US
The US is deeply concerned that the loans being given by China to India’s immediate neighbourhood – Pakistan and Sri Lanka – may be used for coercive leverage, a senior State Department official has …
Specific, Credible Financing Assurances For Sri Lanka ‘Most Urgent’ – U.S. Treasury Secretary
U.S. Treasury Secretary Janet Yellen stresses that committing to specific and credible financing assurances for Sri Lanka is“most urgent … Indian city before a two-day G-20 meeting of finance …
IFS marks Silver Jubilee of operations in Sri Lanka; commits further investment, technology excellence
The global cloud enterprise software company, IFS, yesterday announced its 25th anniversary celebrations of its Sri Lankan operations committing further investments and expressed confidence in …
Sri Lanka’s Colombo District property up 14.8-pct in 2H 2022
Property in Sri Lanka’s Colombo district had risen 14.8 percent in the second half of 2022 from a year earlier according to a Land Valuation Indicator tracked by the central bank.