Sri Lanka Gives Details of China Deal, Keeping IMF Loan on Track

(LANKAPUVATH | COLOMBO) –  Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors — a key sticking point with countries like India — paving the way for more loans from the International Monetary Fund.

"Sri Lanka Gives Details of China Deal, Keeping IMF Loan on Track"

Central Bank Governor emphasizes that reforms introduced in the budget should be implemented

(LANKAPUVATH | COLOMBO) – The Governor of the Central Bank of Sri Lanka (CBSL ), Dr. Nandalal Weerasinghe says the economy of the country, which was in a very dangerous situation, is now in a somewhat stable state due to the financial policies introduced by the Central Bank.

"Central Bank Governor emphasizes that reforms introduced in the budget should be implemented"