Government Grapples with IMF Demands and Public Expectations in Unveiling 2024 Annual Budget
In a pivotal parliamentary session today, the government is set to unveil the highly-anticipated annual budget for 2024. The preparation
IMF Executive Board Approves a Proposal to Increase IMF Quotas
The Executive Board approved today a proposal to be considered by the Board of Governors to conclude the 16 th General Review of Quotas
Sri Lanka’s CPC may sell fuel competing with Sinopec after talks with IMF: Minister
State-run Ceylon Petroleum Corporation (CPC) may sell fuel below the formula price on par with Sinopec and other suppliers once
DEMOCRACY REQUIRES ELECTIONS, IN GOOD TIMES AND BAD
The interest in the electoral process has suddenly been sparked off by news that the government is contemplating holding a
Debt restructuring accelerated through IMF agreement – State Minister for Finance Shehan Semasinghe
State Minister for Finance Shehan Semasinghe stated that the Agreement entered with the IMF and the staff-level agreement reached following
IMF Reaches Staff-Level Agreement on the First Review of Sri Lanka’s Extended Fund Facility Arrangement
IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review
Debt expert reveals China’s double standards in debt deals
China reaching a preliminary debt deal with Sri Lanka shows that the former is more comfortable negotiating debt bilaterally outside
Sri Lanka Urges China to Share Debt Terms to Help Other Deals
Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal,
IMF: Sri Lanka can discuss proposals from private creditors including GDP-linked bonds
Sri Lanka’s authorities can negotiate any proposals private creditors make, such as issuing GDP-linked bonds, a senior International Monetary Fund
Sri Lanka bondholders sent $12 bln debt rework proposal to government -sources
Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new