Notwithstanding the stringent economic and social conditions that prevailed in the country, Sri Lanka Insurance’s asset base increased … of the year for the 5th consecutive year by Brand Finance, …
Sri Lanka And Pakistan Pin Their Hopes On IMF Bailout Package
International Monetary Fund (IMF) on Tuesday asked Sri Lanka to tighten its monetary policy, increase taxes, and adopt flexible exchange rates.“The requirement for fund lending will be progress toward …
India offers additional $500 million after China’s muted response to Sri Lanka’s request
“A friend in need is a friend indeed” is the saying as it goes. The dictum is in full play as India has offered Sri Lanka an additional $500 million to …
Sri Lanka says World Bank agrees to provide $600 million in financial aid
The World Bank has agreed to provide Sri Lanka with $600 million in financial assistance to help meet payment requirements for essential imports, the Sri Lankan president’s media division said in a …
IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcom …
IMF urges Sri Lanka to tighten monetary policy
An official from the International Monetary Fund (IMF) on Tuesday urged Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its ongoing debt crisis.
IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes
The country of 22 million people has requested loans from the IMF as it struggles to pay for imports amid crushing debt and a sharp drop in foreign exchange reserves that has fueled soaring inflation.
China to offer another loan to settle existing loans, says Sri Lanka’s Cabinet Spokesperson
China has said it does not prefer debt restructuring, but is ready to offer another loan to settle existing loans, says Cabinet – Get the latest breaking news and top stories from Sri Lanka, the …
China to offer another loan to settle existing loans, says Sri Lanka’s Cabinet Spokesperson
China has said it does not prefer debt restructuring, but is ready to offer another loan to settle existing loans, says Cabinet – Get the latest breaking news and top stories from Sri Lanka, the …
Posts do not show India’s foreign minister offering crisis-hit Sri Lanka ‘chance to become Indian state’
As mass protests swept Sri Lanka over a crippling economic crisis, a purported tweet from India’s foreign minister offering the island nation the chance to become “a state of India” circulated on …