Sri Lanka’s President Calls On China And Other Creditors To Compromise – FT
Colombo March 22 2023: Sri Lanka’s president has called on China and its other creditors to quickly reach a compromise ...
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Tag: Srilanka
China Backs Sri Lanka Debt Plan, Paving Way for IMF Loan – Bloomberg
Colombo March 7 2023: China has given assurances that it will support Sri Lanka’s debt restructuring, potentially clearing the biggest ...
Sri Lanka Suspends Local Government Polls for Want of Money
Colombo February 24 2023: Sri Lanka will not hold local government polls scheduled for March 9 due to a lack ...
Sri Lanka Maintain Rate at 15.5% ahead of IMF Program Finalization
Colombo January 25 2023: The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 24 ...
Sri Lanka to Slash Military by a Third to Cut Costs
Colombo January 13 2023: Sri Lanka will slash its army by a third to 135,000 personnel by next year and ...
Sri Lanka’s Lenders Should Cancel Debt, Academics Say in Letter
Colombo January 9 2023: Sri Lanka’s bondholders aren’t living up to their obligations and should cancel debt to allow the ...
Paris Club Approaches China, India for Sri Lanka Debt Overhaul
Paris October 6 2022: Paris Club creditors reached out to China and India to coordinate Sri Lanka’s debt-restructuring talks, according ...
India starts debt-restructuring talks with Sri Lanka
New Delhi September 20, 2022: India said on Tuesday it had started bilateral discussions with Sri Lanka on restructuring the ...
Sri Lanka Reaches Staff-Level IMF Pact for $2.9 Billion Loan
Colombo September 1 2022: An International Monetary Fund (IMF) mission led by Mr. Peter Breuer and Mr. Masahiro Nozaki visited ...
Sri Lanka Raises Taxes, Announces Reforms to Win IMF Aid
Colombo August 30 2022: Sri Lanka raised tax rates and announced reforms as it seeks to pull the bankrupt nation ...
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