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India–Sri Lanka relations, Indian-Sri Lankan relations, or Indo-Sri Lanka relations, are the bilateral relations between India and Sri Lanka. India has emerged as the foremost partner for Sri Lanka in the endeavor to revitalize its economy, reform its bureaucracy, and enhance decision-making processes for future economic collaborations.
Indian Prime Minister Narendra Modi and Sri Lankan President Maithripala Sirisena. The Economic and Technology Co-operation Agreement (ETCA) is a proposed diplomatic arrangement that seeks to add to the existing free trade agreement between the Republic of India and the Republic of Sri Lanka, primarily in relation to trade-in services and the service sector; it seeks to emulate a proto freedom ...
A US$318 million Indian Line of Credit (LoC) Agreement was signed between EXIM bank of India and Government of Sri Lanka in June 2017, also a contract agreement for around US$82.64 million for the supply of 160 passenger coaches to Sri Lanka Railways was signed between RITES Limited and Government of Sri Lanka.
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 ...
University Grants Commission is the body responsible for funding most of the State Universities in Sri Lanka, and operates within the frame work of the Universities Act No. 16 of 1978. A public organisation, established under the Parliament Act No 16 of 1978.
Sri Lanka sought the support of the IMF, which approved a bailout package in March, under which nearly $3 billion in government budgetary support will be disbursed in stages. The bailout is due ...
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recent of these loans was agreed to in June 2016, with an agreed total of 1,070,780 SDR's, and 715,230,000 SDR's being withdrawn.
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 ...