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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.
IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks
The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m,
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 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.
IMF approves third review of Sri Lanka's $2.9 billion 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. The country still needs to complete a $12.
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 expects IMF staff level agreement on Friday to release further bailout funds
Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara Dissanayake told the first sitting of the new parliament.
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.
13h
on MSN
Trump taps Scott Bessent for Treasury, capping long drama over choice
President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ...
U.S. News & World Report
14h
IMF to Release $333 Million to Crisis-Hit Sri Lanka
COLOMBO (Reuters) - The
International
Monetary
Fund
(IMF) approved the third review of Sri Lanka's $2.9 billion bailout ...
1d
Kenya Staggers $1.5 Billion UAE Loan on IMF Funding Concerns
Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set ...
4h
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality ...
iafrica
15h
Ghana’s Approach to the International Monetary Fund and the World Bank
Renowned for its diverse array of
news
, sports, and business content, the platform continues to captivate a domestic ...
10h
Sri Lankan president announces JVP/NPP government will implement savage IMF austerity program in full
JVP/NPP parliament was convened, the new government jettisoned its election pledge to renegotiate the country’s bailout ...
Ukrainska Pravda on MSN
1d
IMF believes funding Ukraine now is more cost-effective for partners than to risk its defeat
Ukraine has demonstrated that it is a reliable borrower with a sound debt repayment plan, making it more advantageous for its ...
Ethiopian
6h
Reforms on track, but risks loom: IMF cautiously optimistic about Ethiopia program
The International Monetary Fund has commended the federal government on the execution of the terms of its Extended Credit ...
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