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  2. Sri Lanka and the International Monetary Fund - Wikipedia

    en.wikipedia.org/wiki/Sri_Lanka_and_the...

    Similarly, Sri Lanka's current account balance briefly improved, but as of 2022, returned to exhibiting a large deficit. [8] As per the IMF's statement, India has firmly pledged its commitment to aiding its distressed neighbor, Sri Lanka, in reducing its debt burden through a potential International Monetary Fund-backed initiative.

  3. IMF, Sri Lanka reach staff-level agreement on second review ...

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    COLOMBO (Reuters) -The International Monetary Fund and Sri Lanka have reached a staff-level agreement on economic policies to conclude the second review of a four-year bailout programme, the ...

  4. IMF approves third review of Sri Lanka's $2.9 billion bailout

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    COLOMBO (Reuters) -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 ...

  5. IMF says Sri Lanka needs to boost reforms and collect more ...

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    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 ...

  6. Sri Lanka will get the second tranche of a much-need ... - AOL

    www.aol.com/news/sri-lanka-second-tranche-much...

    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 ...

  7. Sri Lanka sovereign default - Wikipedia

    en.wikipedia.org/wiki/Sri_Lanka_sovereign_default

    2 March 2022 – The IMF releases a statement following a review of the 2021 Article IV reports saying publicly for the first time that the lender had found Sri Lanka's debt to be unsustainable. [17] 25 March 2022 – The complete IMF staff report which had been blocked by Sri Lanka authorities is released after permission is given. [18]

  8. Sri Lanka's second review of $2.9 billion IMF bailout ... - AOL

    www.aol.com/news/imf-board-approves-first-review...

    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 ...

  9. Sri Lankan economic crisis (2019–present) - Wikipedia

    en.wikipedia.org/wiki/Sri_Lankan_economic_crisis...

    The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]