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 Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. “Amid high inflation, tightening financing conditions, and elevated debt, policymakers should
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Sri Lanka’s seventeenth IMF agreement sealed last week may well prove to be the most devastating one of them all. The reason is that the agreement comes along with Sri Lanka having
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The IMF agreement is much more than the USD 3 billion that accompanies it. In the overall scheme of the country’s foreign debt (now estimated at around USD 48 Billion) and overall
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The Ceylon Chamber of Commerce congratulates the Government on securing the Extended Fund Facility (EFF) with the IMF. We appreciate the efforts of the Government led by the President, the Governor of
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Editorial Comment The International Monetary Fund (IMF) has been a key player in providing financial assistance to many countries worldwide, including Sri Lanka. While some may see this as a positive development,
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This is a prime opportunity for the IMF to prove its neutrality and humanity, despite being accused of playing politics on behalf of the West. The IMF has been criticized for its
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by Our Economic Affairs Correspondent “The IMF’s emphasis on fiscal austerity has proven to be misguided and has resulted in economic stagnation, high levels of unemployment, and increased poverty in many countries.”
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