Por: CNBC Business March 21, 2023
A man waves Sri Lanka's national flag after climbing a tower near presidential secretariat in Colombo on July 11, 2022, after it was overrun by anti-government protestors. (Photo by ARUN SANKAR/AFP via Getty Images)Arun Sankar Afp Getty ImagesThe International Monetary Fund has finally approved a , paving the way for the country to restructure its debt and for the economy to improve in 2024.The South Asian country is grappling with its... + full article
Associated Press USA Business March 21, 2023
COLOMBO, Sri Lanka (AP) — The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country’s bankrupt economy.About $333 million will be disbursed immediately and... + más
IMF to assess Sri Lankan governance as part of $3B bailout | Associated Press
India backs Sri Lanka to secure IMF bailout plan amid crisis | Associated Press
COLOMBO, Sri Lanka (AP) — The International Monetary Fund said Tuesday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for corruption as part of a bailout program. The IMF executive board approved a nearly $3 billion bailout plan... + más
IMF is bullish Sri Lanka's crisis-stricken economy will recover as country gets bailout | CNBC
ABC News USA Business February 15, 2023
BEIJING -- China expressed support for Sri Lanka ahead of a meeting Friday of government lenders to poor economies but did not say if it might help to cut multibillion-dollar debts that have plunged the Indian Ocean island nation into financial and political turmoil.Beijing is... + más
China expresses support for Sri Lanka ahead of debt meeting | ABC News
ABC News USA Business January 25, 2023
COLOMBO, Sri Lanka -- Debt-stricken Sri Lanka’s Central Bank chief said Wednesday that the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund... + más
Sri Lanka says debt-restructuring talks making progress | Associated Press
Associated Press USA Business January 25, 2023
COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka’s Central Bank chief said Wednesday that the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary... + más
Sri Lanka says debt-restructuring talks making progress | ABC News
Associated Press USA Politics January 20, 2023
COLOMBO, Sri Lanka (AP) — India’s foreign minister said Friday his country has given financial assurances to the International Monetary Fund to facilitate a bailout plan to help neighboring Sri Lanka emerge from its worst economic crisis, in a first formal announcement from... + más
Sri Lanka rallies with a big win; Netherlands beats Namibia | Associated Press
Sri Lanka's government cuts expenses as economy tanks | Associated Press
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