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IMF approves third review of Sri Lanka's $2.9 bln bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.
IMF Sanctions Third Review of Sri Lanka's Bailout Amidst Economic Vulnerability
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout, releasing another $333 million. While economic recovery signs surface, the nation must finalize debt restructuring to continue progress.
Sri Lanka's president makes U-turn on IMF bailout
Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor.
IMF approves third review of Sri Lanka's $2.9 billion bailout
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the economy remains vulnerable. In a statement, the global lender said it would release about $333 million,
IMF to release $333 million to Sri Lanka: Global lender reports signs of an economic recovery
The IMF agrees to approve a new relief package for Sri Lanka as the country faces its worst financial crisis in 70 years.
Island
2h
IMF reaches staff-level agreement on the third review under Sri Lanka’s Extended Fund Facility Arrangement
An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from ...
7h
Sri Lankan president announces JVP/NPP government will implement savage IMF austerity program in full
JVP/NPP parliament was convened, the new government jettisoned its election pledge to renegotiate the country’s bailout ...
1d
Kenya Staggers $1.5 Billion UAE Loan on IMF Funding Concerns
Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set ...
16h
on MSN
A proposed climate tax on crypto mining is gaining momentum
A levy on energy-hungry crypto mining, at $0.045 per kilowatt-hour (kWh) of electricity used, could generate $5.2 billion in ...
3d
on MSN
IMF deal would give Ukraine access to about $1.1bln, Fund says
International Monetary Fund staff and Ukrainian authorities have reached an agreement that would give Ukraine access to about ...
20h
The Global Economic Impact Of The US Election
One of the many challenges of analysing the impact of a second Trump presidency is that the policy announcements are still ...
17h
Trump's return could extend US stocks' dominance over global rivals
Signs of a growing US bias were evident immediately after the election when US equity funds received more than $80B in the ...
3d
South Korea should normalize monetary policy, IMF says
South Korea should continue to normalize monetary policy to provide support for shoring up economic activity even as headline ...
Ukrainska Pravda on MSN
23h
IMF believes funding Ukraine now is more cost-effective for partners than to risk its defeat
Ukraine has demonstrated that it is a reliable borrower with a sound debt repayment plan, making it more advantageous for its ...
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