Japanese Ambassador to Sri Lanka Mizukoshi Hideaki said that Japan is ready to support Sri Lanka for its economic programme with the IMF and for the development activities of the country …
Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?
Two of India’s neighbouring countries – Sri Lanka and Pakistan have been reeling under unprecedented economic crises for the past few months. Where Sri Lanka’s troubles have increased in view of …
Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?
Two of India’s neighbouring countries – Sri Lanka and Pakistan have been reeling under unprecedented economic crises for the past few months. Where Sri Lanka’s troubles have increased in view of …
IMF’s Sri Lanka, Pakistan Talks In Focus As $66 Billion At Risk
Sri Lanka is due to conclude bailout negotiations with the International Monetary Fund Thursday, just as South Asian peer P …
Will Laos default on its debt?
The situation in Laos does not look as catastrophic. But many of the same conditions that plunged Sri Lanka into turmoil are present. The economy was already suffering from the absence of tourists, …
Why did Sabry-Nandalal & Sri Lanka’s top economists & business leaders recommend to stop debt repayment & float the rupee?
These are the outcomes from declaring Sri Lanka bankrupt by Finance Minister Sabry & Governor Nandalal & recommended by business leaders in Sri Lanka Sri Lankans are facing shortage of fuel, gas, …
India made recommendation for Adani Green: Sri Lankan power board
Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report …
‘Significant progress’ made on Sri Lanka aid program: IMF
Thursday reported “significant progress” toward an aid program for Sri Lanka, saying extensive tax reforms are required to resuscitate the crisis-hit economy. The global lender stated that the IMF …
Sri Lanka to receive US$ 1 bn IMF loan soon
Finance Ministry sources yesterday said that Sri Lanka will receive a US$ 1 billion loan from the International Monetary Fund (IMF) soon. The Finance Ministry sources said that this loan will be given …
Sri Lanka central bank raps two finance companies over due diligence
Sri Lanka’s central bank said two finance companies have been penalised for lax customer due diligence by the Financial Intelligence Unit. The central bank of Sri Lanka (CBSL) said the regulator for …