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.
Sri Lanka’s new government gets IMF approval for fourth tranche of USD 3 billion bailout package
Anura Kumara Dissanayake, who heads the National People's Power (NPP), affirmed his administration's commitment to continue the IMF bailout programme initiated by the previous government.
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,
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 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.
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.
IMF to release $333 million to crisis-hit Sri Lanka
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,
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.
Ada Derana1h
Sri Lanka ‘should be vigilant’ about Adani power deal following US indictment, say experts
Sri Lanka should be vigilant about the Adani power project in the island, experts said, after Federal prosecutors in New York ...
EconomyNext1h
Sri Lanka in pioneering state treasure hunt
Several Sri Lanka state agencies are engaged in treasure hunt and have dug themselves into a hole 30 feet deep in three days, ...
The Economist2d
Once a free-market pioneer, Sri Lanka takes a leap to the left
Sri Lanka was once a pioneer of free-market capitalism in South Asia. After J.R. Jayewardene took power with a super-majority ...
Ada Derana40m
‘Red’ warning issued as low-pressure area to intensify and move towards Sri Lanka’s Northern coast
The Meteorology Department says a low-pressure area has formed over southeast Bay of Bengal and it is likely to move west ...
Sri Lanka beats New Zealand in 2nd ODI to win another home series
Kusal Mendis hit a patient 74 not out as Sri Lanka beat New Zealand by three wickets under the DLS method with six balls ...
Sri Lanka president keeps finance minister role, reappoints Amarasuriya as prime minister
Sri Lankan President Anura Kumara Dissanayake retained the key finance minister portfolio and reappointed Harini Amarasuriya ...
Island5h
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 ...
Embuldeniya returns for Sri Lanka’s two-match test series in South Africa
Lasith Embuldeniya will return after more than two years away from test cricket after being selected in Sri Lanka’s squad to ...