by Our Correspondent in Colombo Sri Lanka is set to enter a new agreement with the International Monetary Fund (IMF) when its current programme expires in March 2027, according to sources familiar
The International Monetary Fund (IMF) on Tuesday revised China’s 2024 economic growth up to 5 percent in an update to its World Economic Outlook (WEO), from the 4.6-percent forecast in April. The
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The United States Supreme Court has ruled that the International Monetary Fund and the World Bank can be sued in cases where their activities have caused harm to local communities. The 7-1
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The Ceylon Chamber of Commerce congratulates the Government of Sri Lanka for securing a board-level agreement on the second review of Sri Lanka’s Extended Fund Facility (EFF) with the International Monetary Fund
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The International Monetary Fund (IMF)’s fiscal chief has warned that fiscal expansion is dominating the political discourse in the biggest-ever election year, calling for a durable and credible fiscal tightening to safeguard
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The International Monetary Fund (IMF) announced on March 21, 2024, that it has reached a staff-level agreement with Sri Lanka regarding the next phase of financial assistance, granting access to $337 million
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Egyptians are being hit with another round of price increases at the end of March 2024, less than three weeks after their government implemented further economic “reforms.” The policy changes were put in place
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Following a period of intensive negotiations, Pakistan and the International Monetary Fund (IMF) successfully reached a staff-level agreement on Wednesday. This agreement signifies a critical milestone for Pakistan, marking the culmination of
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The IMF team is in Colombo for the Second Review of the ongoing Extended Fund Facility (EFF) loan agreement with Sri Lanka and will meet with some civil society organisations and think tanks
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Addressing the daunting challenge involves enhancing public services, preventing bribery and corruption, managing public resources, addressing the basic needs of vulnerable communities, and overseeing state and privately funded projects at the national
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Policymakers and business leaders attending the 54th annual meeting of the World Economic Forum (WEF) here pin high hope on cooperation based on mutual trust and respect to drive global economic growth.
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Sri Lanka’s agreement with the International Monetary Fund (IMF) will continue for the coming four years irrespective of the government in power, said the central bank governor on Friday. Addressing a press
More Link to part 5 Conclusive remarks The IMF programme needs to be used to negotiate debt restructuring with commercial and multilateral creditors. It would create space to spend on priorities such as
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On July 1, Sri Lanka’s parliament approved, through a majority 122-62 vote, a plan to restructure the government’s domestic debt, which totalled 15.4 trillion Sri Lankan rupees at the end of March 2023.
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The common path followed by almost all IMF member countries in response to sovereign debt crises in recent decades,is to enter into an IMF supported stabilisation and structural adjustment programme. Sri Lanka
More Remarkably, during her visit to Ghana in late March 2023, US Vice President Kamala Harris announced that the US Treasury Department’s Office of Technical Assistance will ‘deploy a full-time resident advisor in 2023 to
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