Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary Fund (IMF) as the South Asian nation navigates its worst financial crisis in decades.

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its ...

COLOMBO (Reuters) -Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social stability, the International Monetary Fund ...

SINGAPORE (Reuters) -Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to ...

Sri Lanka expects final approval from the International Monetary Fund for a $2.9 billion loan in the third or fourth week of this month, the president said on Tuesday, adding that new support from ...

The US is making revisions to its reciprocal tariff regime, which was initially presented in early April this year, and ...

Sri Lanka increased income taxes sharply and removed electricity and fuel subsidies, fulfilling prerequisites of the IMF program. Authorities must now discuss with Sri Lanka’s creditors how to ...

It’s time for Sri Lanka to do the one and only thing that will permanently remove it from the IMF’s intensive-care ward. It should revert to a currency-board system, like the one it had for 66 ...

The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy.

Sri Lanka's year-on-year economic expansion in the third quarter of 2023 was 1.6% and in the fourth quarter 4.5%, the IMF said. IMF TO MEET WITH PAKISTANI GOVERNMENT, ASSESS BILLION-DOLLAR BAILOUT ...

Sri Lanka's International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but far-from-stable politics and a need to get debt relief from competing powers China ...

Sri Lanka’s president said reopening talks with the International Monetary Fund over a bailout program would represent the biggest threat to the island nation’s economy, hitting back at his ...