A group of overseas private creditors is ready to hold debt restructuring talks with Sri Lanka consistent with the International Monetary Fund’s programme, their legal adviser said on Friday. The …
China confirms two-year debt moratorium offered to Sri Lanka
China today (Feb. 03) confirmed that its Export-Import Bank is offering Sri Lanka a two-year moratorium on loan repayments. Addressing a regular press conference, Chinese Foreign Ministry spokesperson …
China confirms offer to Sri Lanka of debt moratorium
BEIJING (AP) — China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in …
Can Sri Lanka trade its way back to prosperity?
But the cash will not be released to Sri Lanka until its sovereign creditors in China and India first agree to a restructuring of the billions of dollars of bilateral debt they are owed. Despite …
China has not done enough on Sri Lanka debt restructuring – U.S. diplomat
LONDON (Reuters) -Following Moscow’s invasion of Ukraine last year, Britain trumpeted new legislation requiring property-ownership disclosure aimed at cracking… PESHAWAR, Pakistan (Reuters) – …
Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better.
After an economic collapse and political upheaval, Sri Lankans have become resigned to leaner meals and reduced horizons.
S Jaishankar meets Sri Lanka’s High Commissioner, bilateral ties discussed
Sri Lanka’s High Commissioner to India, Milinda Moragoda, called on External Affairs Minister S Jaishankar on Tuesday. They discussed how to take the relationship forward between the two countries …
Budget 2023: Development aid for war-torn Afghanistan unchanged, cuts for Sri Lanka & Myanmar
Allocation to external affairs ministry for development assistance to foreign countries & projects fell 13% to estimated Rs 5,848.58 crore from Rs 6,750 crore in FY23.
Bangladesh bags $4.7 billion loan from IMF as Pakistan, Sri Lanka wait for bailout
Headed for general elections early in 2024, the IMF funds are a shot in the arm for Prime Minister Sheikh Hasina’s government and will help the nation to sort out its fiscal woes. Bangladesh will get …
Bangladesh bags $4.7 billion loan from IMF as Pakistan, Sri Lanka wait for bailout
Headed for general elections early in 2024, the IMF funds are a shot in the arm for Prime Minister Sheikh Hasina’s government and will help the nation to sort out its fiscal woes. Bangladesh will get …