Sri Lanka’s International Monetary Fundbailout plan could be a turning point in its worst economic crisis, but far-from-stable politics and a need to get debt relief from competing powers China, India …
Fitch warns of high risk Sri Lanka may default on local currency bonds
Fitch Ratings’s ‘CCC’ rating on long-term local currency debt that was affirmed in May “reflects a high risk that local-currency debt will be included in debt restructuring …
Fitch warns of high risk Sri Lanka may default on local currency bonds
Fitch Ratings’s ‘CCC’ rating on long-term local currency debt that was affirmed in May “reflects a high risk that local-currency debt will be included in debt restructuring …
Bangladesh will not face a situation like Sri Lanka, PM Hasina says
Bangladesh Prime Minister Sheikh Hasina has said her country will not face a situation like the economic crisis in Sri Lanka although her government has sought loans from global agencies amid a fall …
A strong international support base for Sri Lanka to get assurances from its creditors
Debt restructuring By Sanath Nanayakkare The latest announcements made by the Paris Club, Chinese Foreign Ministry Spokesperson Zhao Lijian, the Indian High Commissioner to Sri Lanka Gopal Baglay, …
Maldives Speaker discusses Lanka’s financial crisis, issues facing Indian Ocean island nations with Jaishankar
Maldives Speaker Mohamed Nasheed held talks with External Affairs Minister EAM S Jaishankar in New Delhi on Monday and discussed Sri Lanka financial crisis …
Bangladesh Will Not Face Sri Lanka-Type Crisis, Says PM Sheikh Hasina. This Is Why
Hasina said that in Bangladesh, whenever the government considers any loan, it is a clear policy to estimate what would be the return for the country on the completion of the project.
Bangladesh eye winning start against SL
Bangladesh will be looking to make a winning start in the six-team SAFF Under-17 (boys) Championship when they take on hosts Sri Lanka in their Group A match at the Racecourse International Stadium …
IMF chief pleased that Sri Lanka reached staff-level deal for $2.9 billion
Kristalina Georgieva said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about USD 2.9 billion to help the bankrupt country …
IMF chief pleased that Sri Lanka reached staff-level deal for $2.9 billion
Kristalina Georgieva said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about USD 2.9 billion to help the bankrupt country …