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IMF approves third review of Sri Lanka's $2.9 bln bailout
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.
IMF Sanctions Third Review of Sri Lanka's Bailout Amidst Economic Vulnerability
The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout, releasing another $333 million. While economic recovery signs surface, the nation must finalize debt restructuring to continue progress.
Sri Lanka’s new government gets IMF approval for fourth tranche of USD 3 billion bailout package
Anura Kumara Dissanayake, who heads the National People's Power (NPP), affirmed his administration's commitment to continue the IMF bailout programme initiated by the previous government.
IMF approves third review of Sri Lanka's $2.9 billion bailout
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. The country still needs to complete a $12.
Sri Lanka's Financial Renaissance: IMF's Strategic Support and Challenges Ahead
The International Monetary Fund's latest review of Sri Lanka's $2.9 billion bailout highlights both emerging recovery signs and continued economic vulnerabilities. With a focus on completing debt restructuring and responsible fiscal policy,
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 secured by his predecessor.
IMF to release $333 million to Sri Lanka: Global lender reports signs of an economic recovery
The IMF agrees to approve a new relief package for Sri Lanka as the country faces its worst financial crisis in 70 years.
Island
6h
IMF reaches staff-level agreement on the third review under Sri Lanka’s Extended Fund Facility Arrangement
An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from ...
U.S. News & World Report
15h
IMF to Release $333 Million to Crisis-Hit Sri Lanka
COLOMBO (Reuters) - The
International
Monetary
Fund
(IMF) approved the third review of Sri Lanka's $2.9 billion bailout ...
13h
on MSN
Trump taps Scott Bessent for Treasury, capping long drama over choice
President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ...
7h
Net Gains: Europe’s Startups Say AI Will Drive More Hiring
The rapid adoption of AI is will put jobs at risk as businesses seek efficiencies but a new report says Europe's startups ...
1d
Kenya Staggers $1.5 Billion UAE Loan on IMF Funding Concerns
Kenya plans to draw down on a $1.5 billion loan agreed with Abu Dhabi in tranches to remain within borrowing thresholds set ...
5h
Moody's credit rating upgrade for Cyprus opens the door to investment, president says
The president of Cyprus says Moody’s two-notch credit ratings upgrade to A3 from Baa2 will open the threshold to quality ...
iafrica
15h
Ghana’s Approach to the International Monetary Fund and the World Bank
Renowned for its diverse array of
news
, sports, and business content, the platform continues to captivate a domestic ...
11h
Sri Lankan president announces JVP/NPP government will implement savage IMF austerity program in full
JVP/NPP parliament was convened, the new government jettisoned its election pledge to renegotiate the country’s bailout ...
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