Cash-strapped Sri Lanka on Wednesday announced a 15 percent increase in the electricity price to shore up revenues for the ...

The IMF executive board approved a nearly $3 billion bailout plan for the bankrupt ... Recommended Videos Sri Lanka suspended repayment of its debt last year as it ran short of foreign currency ...

Sri Lanka received permission from the IMF board for an extended financial arrangement in March 2023, following months of discussions. The latest IMF bailout program is having an impact on the ...

Sri Lanka is set to increase household power tariffs by 15%, with industries facing a 20.5% hike and tourism businesses a ...

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 ...

The Dissanayake regime, completely subservient to international capital, is not ready to lose the remaining IMF installments, ...

Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion Bailout, President Says By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday ...

By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) – Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said ...

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.

Sri Lanka has already obtained three tranches ... Mr. Wickremesinghe negotiated the $2.9 billion bailout package with the IMF in March 2023 and days ahead of the Presidential voting, his ...

COLOMBO: Sri Lanka will increase its household power tariffs by 15 per cent, its power regulator said on Wednesday (June 11), ...

COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite signs ...