The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Friday, strengthening ...

The meagre wage rises announced in the budget, which do not compensate for soaring inflation, are in line with the IMF’s ...

Sri Lanka’s ex-Central Bank Chief and senior economist this week urged policymakers to maintain a strong focus on structural ...

I cannot recall such intense external influence on the university… It is deeply concerning because universities must remain ...

Sri Lanka and Japan signed agreements on Friday to restructure $2.5 billion worth of debt, completing two years of talks that ...

COLOMBO: IMF chief Kristalina Georgieva pledged to support Sri Lanka's economic recovery, praising the cash-strapped nation's ...

Senior Mission Chief for Sri Lanka Peter Breuer commended Sri Lanka’s economic recovery in the recent years, and stated that ...

The IMF Executive Board completed the Third Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US $334 million) to ...

The IMF has agreed to release the fourth tranche of USD 334 million from its USD 2.9 billion bailout package to Sri Lanka to ...

President Anura Kumara Disanayake held a highly productive virtual meeting with the Managing Director of the IMF, Ms.

Sri Lanka secured a $2.9 billion IMF bailout in 2023 after declaring its first sovereign default in April 2022 following an ...