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Tag: IMF

Sri Lanka to raise USD 5 billion from bonds in 2018
BUSINESS

Sri Lanka to raise USD 5 billion from bonds in 2018

The Sri Lankan government hopes to raise a record USD 5 billion through bond issues this year as it seeks…

byFaraz Shauketaly04/01/2018
2017 delivers mixed bag: CB
BUSINESSMain Story

2017 delivers mixed bag: CB

Ratings outlook improved, broad money growth, inflation down, credit growth dips to 15% Investor inflows to securities and stock market good, tightening…

byFaraz Shauketaly29/12/2017
Doors to close for Grand Hyatt construction as govt battles with financial issues?
BUSINESS

Doors to close for Grand Hyatt construction as govt battles with financial issues?

The government’s tight finance policies and the scrutiny by the International Monetary Fund may affect the construction of the Grand…

byFaraz Shauketaly16/12/2017
Macroeconomic fundamentals and structural reforms are essential for economic growth
BUSINESS

Macroeconomic fundamentals and structural reforms are essential for economic growth

The Governor of the central Bank of Sri Lanka Dr. Indrajit Coomaraswamy pointed out that not only strong macroeconomic fundamentals…

byFaraz Shauketaly12/12/2017
IMF commends SL’s economic reform efforts
BUSINESS

IMF commends SL’s economic reform efforts

The International Monetary Fund (IMF) has commended the commitment of the authorities towards implementing economic reforms while undertaking fiscal measures…

byFaraz Shauketaly11/12/2017
Sri Lanka PM reveals plans of a new mechanism to overcome impact of climate changes on national economy
LOCAL

Sri Lanka PM reveals plans of a new mechanism to overcome impact of climate changes on national economy

The Sri Lankan government is taking steps to create a mechanism to overcome the impacts unfavorable climatic changes on the…

byFaraz Shauketaly08/12/2017
IMF says Sri Lanka fiscal performance satisfactory, approves US$ 251.4 million disbursement of third tranche EFF
BUSINESS

IMF says Sri Lanka fiscal performance satisfactory, approves US$ 251.4 million disbursement of third tranche EFF

The International Monetary Fund (IMF) Thursday said its Executive Board completed the third review of Sri Lanka’s Extended Fund Facility…

byFaraz Shauketaly08/12/2017
Fresh capital access for biz growth: PM
BUSINESSMain Story

Fresh capital access for biz growth: PM

Says proposed Development Bank could disburse up to Rs. 35 b for private sector investment in 2018 Govt. in talks…

byFaraz Shauketaly06/12/201706/12/2017
Sri Lanka budget keeps to IMF plan but fiscals still weak – Fitch
History

Sri Lanka budget keeps to IMF plan but fiscals still weak – Fitch

The global rating agency, Fitch Ratings says Sri Lanka’s budget for 2018 sticks broadly to the targets for fiscal deficit…

byFaraz Shauketaly14/11/2017
Sri Lanka official reserves improve to USD7.5bn by end October
BUSINESS

Sri Lanka official reserves improve to USD7.5bn by end October

Sri Lanka’s gross official reserves have improved to 7,489.98 million US dollars by end October from 7,288.12 million dollars in…

byFaraz Shauketaly14/11/2017

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