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“SL doesn’t need IMF for economic support…” Cabraal

Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal today (14) reiterated that Sri Lanka does not have a...

Avoiding IMF won’t help us avoid austerity – Oped

By Naqiya Shiraz and Rehana Thowfeek Sri Lanka’s debt problems are a topic of national conversation. Foreign reserves, already...

Govt. desperately seeks IMF assistance in addition to USD 780 mn...

The cash-strapped government has sought the IMF intervention to address the financial crisis caused by the country’s vital foreign exchange sources dwindling...

The point of no return; Govt. has to stop unrestrained money-printing

The Country on the Brink of a Financial Precipice What we are experiencing today is the deepest ever financial...

IMF says “closely monitoring Sri Lanka’s USD1.5bn currency swap with China”...

International Monetary Fund (IMF) says that they continue to closely monitor economic policy and financial developments in Sri Lanka including the recent...

SL in severe financial crisis – Basil: No need for IMF...

State Minister of Money and Capital Market and State Enterprise Reforms, Ajith Nivard Cabraal, has said that the country does not require...

Govt. approves Rs. 163 million for Somalia financing plan as debt...

Cabinet has approved the transfer of Rs. 163 million to the International Monitory Fund’s (IMF) Somalia Control Account as the total contribution from Sri...

Exclusive: IMF agrees to extend Sri Lanka loan program, disburse delayed...

The International Monetary Fund has agreed to extend Sri Lanka’s $1.5 billion loan program by one year and has reached staff level agreement to...