Political Risks to Sri Lanka’s Debt Restructuring Ease, Says Fitch Ratings
Fitch Ratings has noted that political risks to Sri Lanka’s debt restructuring process have reduced following the authorities’ endorsement of the IMF programme.
Politics
International Economic Developments
Revival of Japanese Development Projects in Sri Lanka
As Sri Lanka approaches the completion of its debt restructuring process, optimism is rising for the resumption of long-stalled development initiatives. Eleven Japanese-funded.
- October 7, 2024
Economics
IMF to Reveal Dates for Sri Lanka’s Third Review Under EFF Program
The International Monetary Fund (IMF) is set to announce the dates for the third review under the Extended Fund Facility (EFF) program for.
- October 4, 2024
Economics
Sri Lanka’s IMF Program Review: What Comes Next?
Sri Lanka’s economic stability is closely tied to its International Monetary Fund (IMF) program, with reviews conducted every six months to assess the.
- October 2, 2024
Economics
IMF Team to Visit Sri Lanka This Week for Key Discussions with President Dissanayake
A delegation from the International Monetary Fund (IMF) is set to visit Sri Lanka this week to meet with President Anura Kumara Dissanayake,.
- September 30, 2024
Policy and Regulation
CCC Highlights 10 Economic Priorities for President Dissanayake’s First 6 Months
The Ceylon Chamber of Commerce (CCC) has congratulated newly elected President Anura Kumara Dissanayake and pledged its commitment to collaborate with stakeholders on.
- September 24, 2024
Markets
Sri Lanka’s Bonds Slide as Election Victory Puts IMF Bailout at Risk
Sri Lanka’s dollar bonds took a significant hit following the victory of leftist candidate Anura Kumara Dissanayake in the presidential election, raising concerns.
- September 24, 2024
Economics
IMF: Sri Lanka’s ISB Restructuring Deal Requires OCC Approval
The International Monetary Fund (IMF) has welcomed Sri Lanka’s recent agreement with international sovereign bondholders but emphasized that the deal still requires approval.
- September 24, 2024
Economics
Sri Lanka Anticipates IMF Mission Visit in Two Weeks, Says President Wickremesinghe
Sri Lanka is expecting a mission from the International Monetary Fund (IMF) in two weeks, President Ranil Wickremesinghe announced at a campaign rally.
- September 19, 2024
Economics
Sri Lanka’s IMF Program Yields Positive Results, Debt Sustainability Assessment Underway
Sri Lanka’s ongoing economic recovery program is showing positive results, according to an International Monetary Fund (IMF) spokesperson. The IMF’s next program review.
- September 13, 2024