Sri Lanka has made substantial progress on an IMF-supported economic reform program, but more work is needed to reduce the Asian country's 24.5% poverty rate, tackle corruption and reduce domestic ...

The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help the country restructure its debts and relieve a “catastrophic” economic and social crisis.

The International Monetary Fund (IMF) on Monday said its executive board approved a nearly $3 billion bailout for Sri Lanka, and the country's presidency said the program will enable it to access ...

Asia IMF approves nearly $3B in bailouts for Sri Lanka About $333M of the bailout money will immediately be available to the Indian Ocean island nation ...

Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation.

IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks. Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge.

Sri Lanka will go deep into discussions with the IMF on the structure of a $2.9 billion bailout programme during the lender's annual meetings in Washington later this month, the country's cabinet ...

World 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.

COLOMBO (Reuters) -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.

First Deputy Managing Director Gita Gopinath on Monday commended Sri Lanka's significant progress in economic reforms and emphasised the importance of maintaining momentum to ensure lasting stability ...

IMF First Deputy Managing Director Gita Gopinath praised Sri Lanka's economic reforms during a visit, stressing the need for sustained efforts to secure lasting stability. Gopinath met with President ...