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“Sri Lanka concluded negotiations with the Official Creditor Committee (OCC) and the Exim Bank of China,” Wickremesinghe said in a televised Sinhalese-language address to the nation.
He added Sri Lanka is currently in discussion with the World Bank, Asian Development Bank and ... “If we receive the IMF seal of approval, the world will once again trust us,” he said.
THE Export-Import (Exim) Bank of China reached a preliminary agreement with Sri Lanka last month on the disposal of China-related debts, China’s Foreign Ministry announced on Tuesday (Oct 10), as the ...
An Asian regional group meeting, attended by IMF and WB representatives, has discussed financial system stability and efforts ...
COLOMBO (Reuters) - Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.
COLOMBO, Jan 8 (Reuters) - Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in seven years, its central bank chief said ...
Sri Lanka's central bank cut the policy rate by 25 basis points in a surprise move on Thursday, aiming to foster stronger economic growth after a lingering financial crisis and buffer any fallout from ...
COLOMBO (Reuters) - Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from ...