IMF to release $333 million to Sri Lanka

IMF approves third review of Sri Lanka's $2.9 billion bailout
By Uditha JayasingheCOLOMBO (Reuters) -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 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 November 17 to 23, 2024. After constructive discussions in Colombo, Mr. Breuer and Deputy Mission Chief Ms.
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 new government gets IMF approval for fourth tranche of USD 3 billion
Sri Lanka’s new NPP government on Saturday got the International Monetary Fund (IMF) approval for a staff-level agreement to secure the fourth tranche of the nearly USD 3 billion bailout facility. “Once the review is approved by the IMF management and completed by the IMF executive board,
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.
Sri Lanka's Financial Renaissance: IMF's Strategic Support and Challenges Ahead
The International Monetary Fund's latest review of Sri Lanka's $2.9 billion bailout highlights both emerging recovery signs and continued economic vulnerabilities. With a focus on completing debt restructuring and responsible fiscal policy,
Sri Lanka's New Leader Sticks Within IMF 'Guardrails'
Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.
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 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.
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