(LANKAPUVATH | COLOMBO) – Sri Lanka’s in-principle pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday.
"Sri Lanka’s debt deal with creditor nations could help clear first bailout review – IMF"Tag: IMF
(LANKAPUVATH | COLOMBO) – The agreement reached between Sri Lanka and the Export-Import Bank of China (Exim Bank) is a ‘positive step forward’ in the island nation’s debt restructuring process, the International Monetary Fund (IMF) says.
"Debt deal between China and Sri Lanka a ‘positive step forward’ – IMF"
(LANKAPUVATH | COLOMBO) – The Executive Board has approved a proposal to be considered by the Board of Governors to conclude the 16th General Review of Quotas with a significant increase in quotas.
"IMF Executive Board approves a proposal to increase financial quotas"
(LANKAPUVATH | COLOMBO) – State Minister of Finance shehansemasinghe says that the necessary economic sustainability for doing businesses will be enhanced in sri Lanka with the implementation of the International Monetary Fund’s program .
"The IMF program creates a credible environment to business in the country" (LANKAPUVATH | COLOMBO) – Acting Minister of Finance Dr. Ranjith Siyambalapitiya says that the first evaluation of the International Monetary Fund’s $ 3 billion Extended Fund Facility (EFF) will be done from tomorrow (14th) to the 24th.
"First evaluation of IMF Extended Fund Facility from tomorrow"
(LANKAPUVATH | COLOMBO) – An International Monetary Fund (IMF) staff team will visit Colombo in a month’s time for the first review on Sri Lanka’s loan programme, a spokesperson said on Tuesday.
"IMF staff to visit Sri Lanka in Sept. for first programme review" (LANKAPUVATH | COLOMBO) – The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.
"IMF nudges up 2023 economic outlook but warns of slowing global growth ahead" (LANKAPUVATH | COLOMBO) – The International Monetary Fund (IMF) says it has not discussed any plans for a digital services tax with the Sri Lankan authorities in the current program.
"IMF refutes reports on its advice to digital service tax in Sri Lanka" (LANKAPUVATH | COLOMBO) – The International Monetary Fund (IMF) has notified the Treasury to allocate at least Rs.187 billion to paying social benefits including Samurdhi, disability, elderly, kidney impairment payments in May.
"IMF tells Treasury to allocate Rs.187 Bn for social benefits"
(LANKAPUVATH | COLOMBO) – State Minister of Finance Shehan Semasinghe represented Sri Lanka at the G24 Ministerial Meeting at Washington. Tweeting in his official account, he stated that the main focus of this meeting was to Secure Sustainable and Inclusive Growth Amidst Emerging Challenges.
"Discussions with the Managing Directors of IMF and the World Bank and the State Minister"