The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage.
IMF asks Sri Lanka to restructure debt before bailout
The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to “restructure” its huge foreign debt before a bai …
Finance minister Nirmala Sitharaman warns of misuse of cryptos for money laundering, terror funding
To this, the IMF chief assured the finance minister that the multilateral body will continue to actively engage with Sri Lanka and also lauded India’s efforts to help out the island nation in its …
One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF
COLOMBO: Sri Lankan police fired live ammunition to scatter protesters on Tuesday (Apr 19), killing one person and injuring a dozen more, as the country sought rapid financial assistance from the …
India backs SL for much-needed IMF bailout package
India has once again backed Sri Lanka, which is grappling with its worst ever economic crisis, by affirming full support to expedite International Monitory Fund’s Extended Fund Facility (EFF). India’s …
Crisis-hit Sri Lanka, India revive talks to link electric grids
India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday, a step that could aid New Delhi’s goal of reducing China’s influence on the island nation, …
India backs SL for much-needed IMF bailout package
India has once again backed Sri Lanka, which is grappling with its worst ever economic crisis, by affirming full support to expedite International Monitory Fund’s Extended Fund Facility (EFF). India’s …
Nuwan Gamage elected 44th President of Sri Lanka Institute of Marketing
The Sri Lanka Institute of Marketing (SLIM … prosperity’ and its mission is ‘to establish marketing as the driving force which enhances business and national value’. In order to drive and align with …
India urges IMF to urgently provide financial aid to Sri Lanka
Sri Lanka sought India’s help last week in garnering international support to secure bridge financing as it enters negotiations with IMF for a bailout programme.
Sri Lanka says IMF to consider request for rapid aid
The International Monetary Fund will consider providing quick financial assistance to debt-burdened Sri Lanka following representations by India, Sri Lanka’s finance ministry said on Tuesday.