G-24 Pushes for Common Debt Framework for Middle-Income Nations, Citing Sri Lanka’s Progress
At the G-24 press briefing during the IMF-World Bank Annual Meetings on October 22, the G-24 countries advocated for the establishment of a.
Economics
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’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
Economics
Sri Lanka Bondholders Agree to 28% Haircut with GDP-Linked Gains
Sri Lanka and its sovereign bondholders have come to an agreement to exchange $14.43 billion in defaulted bonds and overdue interest for new.
- July 4, 2024
Finance
Sri Lanka Achieves Milestone in Debt Restructuring with IMF Support
The International Monetary Fund (IMF) announced that it welcomes Sri Lanka’s finalization of debt restructuring agreements with major creditor nations, marking a significant.
- June 28, 2024