News

The IMF Executive Board completed the Fourth Review under the 48-month Extended Fund Facility with Sri Lanka, providing the country with immediate access to SDR 254 million (about US$350 million) to ...
On 50th priestly ordination anniversary, Malcolm Ranjith hailed as beacon of integrity and morality for society ...
The IMF has completed the fourth review of Sri Lanka’s $2.9 billion bailout programme, allowing the country to draw a $350 million tranche from the four-year facility.
Sri Lanka plans to introduce a property tax by the first half of 2027, according to the latest International Monetary Fund (IMF) review under the Extended Fund Facility (EFF). ..
Sri Lanka plans to discuss strategies with the International Monetary Fund (IMF) to lure foreign investment, President Anura Kumara Dissanayake said on Monday, in the aftermath of the Indian Ocean ...
The foreign exchange reserves held by Bangladesh Bank have dropped below the $25 billion mark following the payment of import ...
The International Monetary Fund (IMF) has recognized Sri Lanka’s continued advancement under its economic reform program, bringing the nation closer to unlocking its next funding tranche of ...
Sri Lanka, which is struggling to put its worst-ever economic crisis behind it, finds itself in another dilemma. It had to ban vehicle imports to rebuild its foreign currency reserves. That method ...
She confirmed that the IMF is currently assessing recent measures announced by Sri Lanka’s regulator on June 11, which include a 15% increase in electricity tariffs, and the publication of ...
Dr. Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), will visit Sri Lanka on June 15 and 16, 2025. This marks the first visit by an IMF First Deputy Managing ...
As global economic instability continues to loom over emerging markets, the International Monetary Fund (IMF) has reaffirmed its commitment to supporting Sri Lanka through potential economic ...
Dr. Gopinath termed Sri Lanka’s 2022 acute crisis—its fuel shortages, hyperinflation, and flattened growth—as a result of decades of fiscal mismanagement, reserve depletion, and unsustainable debt ...