My story is an International one, and so it is not surprising that I am building a business now from Turkey. I was born in Sri Lanka, travelled the world while growing up with my Diplomat father; grew …
IMF urges Sri Lanka to raise taxes, devalue currency
The International Monetary Fund warned crisis-hit Sri Lanka on Thursday that its foreign debt was “unsustainable”, and called for devaluation and higher taxes to revive the almost bankrupt economy.
IMF Executive Board Concludes 2021 Article IV Consultation with Sri Lanka
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Sri Lanka on February 25, 2022. Sri Lanka has been hit hard by COVID-19. On the eve of the …
IMF Executive Board Concludes 2021 Article IV Consultation with Sri Lanka
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Sri Lanka on February 25, 2022. Sri Lanka has been hit hard by COVID-19. On the eve of the …
IMF urges Sri Lanka to focus on monetary policy to tackle inflation risks
The International Monetary Fund (IMF) said on Wednesday Sri Lanka needs to tighten its monetary policy to contain rising inflation, put its high debt repayments on track and reverse one of the worst …
Sri Lanka releases USD 31 Mn for Diesel; TUs allege banks are pressured to release USD
Sri Lanka’s Energy Ministry on Wednesday (2) confirmed that USD 31 Million was released to secure the 37,300 MT of Diesel shipment – Get the latest breaking news and top stories from Sri Lanka, the …
Crisis-gripped Sri Lanka to hold talks with IMF and World Bank for assistance
Sri Lankan officials are expected to hold talks with the International Monetary Fund (IMF) and the World Bank for support as Colombo faces a severe economic crisis, including a shortage of fuel and es …
Qatar Chamber, Sri Lankan Chamber of Exporters to enhance co-operation ties
Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a virtual meeting Tuesday with Shiham Marikar, the secretary general and CEO of the National Chamber of Exporters of Sri Lanka, to …
Qatar Chamber, Sri Lankan Chamber of Exporters to enhance co-operation ties
Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a virtual meeting Tuesday with Shiham Marikar, the secretary general and CEO of the National Chamber of Exporters of Sri Lanka, to …
Sri Lanka faces power cuts on Wednesday amid fuel shortage
Sri Lanka will cut power for 7-1/2 hours across the country on Wednesday because of a shortage of diesel, the power regulator said. COLOMBO, March 1 (Reuters) – Sri Lanka will cut power for 7-1/2 …