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Tag: IMF

IMF satisfied with SL but urges greater progress
BUSINESSMain Story

IMF satisfied with SL but urges greater progress

End-December 2017 quantitative performance criteria under three-year Extended Fund Facility program met Says Govt. has successfully advanced fiscal consolidation and strengthened international…

byFaraz Shauketaly23/04/201823/04/2018
CB signals wary policy loosening
BUSINESSMain Story

CB signals wary policy loosening

By Uditha Jayasinghe The Central Bank yesterday (4 April) cut the policy ceiling rate by 25 basis points to 8.50%,…

byFaraz Shauketaly05/04/201805/04/2018
Govt. should hold reform course: IMF
BUSINESSMain Story

Govt. should hold reform course: IMF

Projects SL to grow by 4.4%, inflation to hit 5% by 2018-end, food prices to stabilise Warns economy vulnerable to shocks, reform…

byFaraz Shauketaly12/03/201812/03/2018
Sri Lanka economic recovery set to continue, needs to push ahead with reforms in Vision 2025 to maintain growth – IMF
BUSINESS

Sri Lanka economic recovery set to continue, needs to push ahead with reforms in Vision 2025 to maintain growth – IMF

Following a series of weather-related shocks in 2017, Sri Lanka’s economy is gradually normalizing with a projected Real GDP growth…

byFaraz Shauketaly09/03/2018
Stronger policies key for better debt management: Mangala
BUSINESSMain Story

Stronger policies key for better debt management: Mangala

Warns G-24 Technical Group that increasing interest rates will pose challenges to developing countries when looking at debt repayment Points out large number…

byFaraz Shauketaly28/02/2018
G-24 Technical Group Meeting at BMICH tomorrow
BUSINESS

G-24 Technical Group Meeting at BMICH tomorrow

The two-day Technical Group Meeting of the G- 24 countries will be inaugurated by Finance and Mass Media Minister Mangala…

byFaraz Shauketaly26/02/2018
State Minister Eran Wickramaratne attends global tax conference in New York
BUSINESS

State Minister Eran Wickramaratne attends global tax conference in New York

State Minister of Finance Eran Wickramaratne, is representing Sri Lanka at the First Global Conference of the Platform for Collaboration…

byFaraz Shauketaly18/02/2018
Sri Lanka Central Bank clarifies media reports on government debt
BUSINESS

Sri Lanka Central Bank clarifies media reports on government debt

Sri Lanka’s Central Bank Thursday issuing statement in response to the media reports on Government debt recording and maintenance of…

byFaraz Shauketaly09/02/2018
Cost reflective pricing formula for fuel, electricity this year: CB Governor
BUSINESS

Cost reflective pricing formula for fuel, electricity this year: CB Governor

Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy says the government will introduce a cost reflective pricing formula for both fuel…

byFaraz Shauketaly24/01/2018
IMF says economy normalising but reforms essential
BUSINESSMain Story

IMF says economy normalising but reforms essential

Recommends fiscal consolidation and tightening monetary policy 2018 growth predicted at 4.6% below CB projections  Further delays in SOE reform, bad…

byFaraz Shauketaly13/01/201813/01/2018

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