National Consumer Price Index (NCPI) Inflation Drops to 2.5% in March 2024
The Department of Census and Statistics (DCS) has disclosed in its latest report that the overall rate of inflation, as
Pakistan Seeks $6 to $8 Billion IMF Bailout Package, Eyes Climate Financing
Pakistan has formally requested the International Monetary Fund (IMF) for a new bailout package ranging between $6 to $8 billion
IMF’s Gita Gopinath Commends Sri Lanka’s Progress in Key Areas
During the IMF and World Bank Group Spring Meetings 2024 in Washington D.C., Gita Gopinath, the First Deputy Managing Director
IMF Ready to Assist Sri Lanka in Bondholder Discussions
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal
“Sri Lankan Authorities Pursue Debt Restructuring Negotiations to Address Financial Challenges”
In a bid to address its financial challenges, Sri Lankan authorities will continue to engage in debt restructuring negotiations, demonstrating
Debt-for-Nature Swaps: A $100 Billion Opportunity in the Climate Fight
A new report has calculated that debt-for-nature swaps, wherein poorer countries have debt written off in exchange for safeguarding ecosystems
IMF Selects Kristalina Georgieva for Second Term as Managing Director
The International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as its Managing Director for a second five-year term
India’s Ex-Union Minister Yashwant Sinha Criticizes BJP’s Use of Katchatheevu Island as Election Issue
India’s former Union Minister, Yashwant Sinha, has criticized the Bharatiya Janata Party (BJP) for making the Katchatheevu island an election
Sri Lanka Races Against Time to Secure Agreements with Creditors Ahead of IMF Tranche
According to sources from the Daily Mirror, Sri Lanka is under immense pressure to finalize agreements with creditors, including bondholders,
US Affirms Support for Sri Lanka’s Security and Sovereignty, Backs IMF Bailout Efforts
The White House has confirmed that the United States is backing Sri Lanka’s security and sovereignty, as well as its