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Sri Lanka joined the International Monetary Fund on August 29, 1950. [1] Since June 1965, Sri Lanka has taken 16 loans from the IMF, with a total value of 3,586,000,000 SDR's. The most recent of these loans was agreed to in June 2016, with an agreed total of 1,070,780 SDR's, and 715,230,000 SDR's being withdrawn.
The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its ...
The deal will help Sri Lanka clear the first review of a bailout under the International Monetary Fund (IMF) executive board program by the year end, which would trigger a second IMF tranche of ...
Sri Lanka has so far failed to make enough progress in boosting tax collection and other economic reforms for the International Monetary Fund to release a second tranche of $330 million in the ...
The governor of Sri Lanka’s Central Bank said Friday he's confident it will receive the second instalment of a $2.9-billion bailout package from the International Monetary Fund before the end of ...
COLOMBO (Reuters) -Sri Lanka's 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 ...
COLOMBO (Reuters) -The second review of Sri Lanka's $2.9 billion bailout with the IMF could be completed in the first half of 2024, provided it manages to meet debt restructuring and revenue ...
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion ...