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Tag: IMF

Fisheries Ministry to commence pilot project to produce fuel from waste plastic, polythene
Business

Fisheries Ministry to commence pilot project to produce fuel from waste plastic, polythene

04/07/20183 min read

State Minister of Fisheries and Aquatic Resources Development Dilip Wedaarachchi said measures are being taken to promptly commence a pilot project of a program to

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SL to grow 4.8%: UNESCAP
Business Main Story

SL to grow 4.8%: UNESCAP

04/07/20186 min read

Developing Asia Pacific to grow at 5.5%, Bangladesh leads South Asia with 7.4%, India 7.2% Inflation likely to hit 3.5%, warns protectionism could hurt growth,

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Gotabaya defends former regime’s decision to obtain loans from China
LOCAL Main Story

Gotabaya defends former regime’s decision to obtain loans from China

02/07/20182 min read

Former Defence Secretary Gotabaya Rajapaksa has defended the decision taken by the former Government to obtain loans from China. The former Government under then President

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IMF publishes a study on an open economy quarterly projection model for Sri Lanka
LOCAL

IMF publishes a study on an open economy quarterly projection model for Sri Lanka

26/06/20181 min read

The International Monetary Fund (IMF) has published a working paper on an open economy quarterly projection model for Sri Lanka which documents a semi-structural model

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IMF backs exchange rate float
Business Main Story

IMF backs exchange rate float

21/06/20184 min read

By Uditha Jayasinghe The International Monetary Fund (IMF) yesterday backed a floating exchange rate, terming it as the “first line of defence” to protect Sri

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IMF funding tops $ 1 b mark in reforming SL
Business Main Story

IMF funding tops $ 1 b mark in reforming SL

04/06/20184 min read

Approves $ 252 m disbursement bringing total support to $ 1.014 b under Extended Fund Facility IMF Executive Board concludes 2018 Article IV Consultation and completes 4th Review 

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Italian president names interim prime minister until fresh elections
World

Italian president names interim prime minister until fresh elections

29/05/20185 min read

Sergio Mattarella asks former IMF economist Carlo Cottarelli to form a government  Italy’s faith in the eurozone is set to be tested in fresh elections

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Italy crisis: Call to impeach president after candidate vetoed
World

Italy crisis: Call to impeach president after candidate vetoed

28/05/20184 min read

Italy is mired in fresh political turmoil, with the president facing impeachment calls after he vetoed a choice for finance minister. President Sergio Mattarella said

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Sri Lanka Central Bank determined to curb unwarranted depreciation of the rupee
LOCAL

Sri Lanka Central Bank determined to curb unwarranted depreciation of the rupee

17/05/20182 min read

Sri Lanka’s Central Bank says it is determined to curb unwarranted depreciation of the rupee since the underlying fundamentals do not warrant the current pressure

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Capacity building to manage public debt and liability is need of the hour: Eran
LOCAL Main Story

Capacity building to manage public debt and liability is need of the hour: Eran

23/04/20183 min read

Sri Lanka as a developing nation needs to focus on building capacity for public debt and liability management as matter of priority, State Minister of Finance said.

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