Anusha Ondaatjie
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Sri Lanka Inks Final Pacts To Recast $10 Billion Of Debt
Sri Lankan officials in Paris on Wednesday signed a memorandum of understanding to restructure $5.8 billion of debt.
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Sri Lanka’s Inflation Cools In February On Stronger Currency
Sri Lanka’s inflation eased for the first time in five months in February on the back of a stronger currency and slower gains in food prices.
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Sri Lanka Said To Offer New Restructuring Plan To Bondholders
Government representatives may travel to London soon to meet Sri Lanka’s commercial creditors, one of the people familiar with the matter.
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Sri Lanka Said To Offer New Restructuring Plan To Bondholders
Government representatives may travel to London soon to meet Sri Lanka’s commercial creditors, one of the people familiar with the matter.
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Sri Lanka To Use Budget To Meet Some IMF Pledges As Polls Near
Sri Lanka is likely to raise taxes and curb spending in its annual budget to meet the International Monetary Fund’s conditions and maintain a $3 billion bailout, but elections next year might see the government delay some reforms.
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Sri Lanka To Use Budget To Meet Some IMF Pledges As Polls Near
Sri Lanka is likely to raise taxes and curb spending in its annual budget to meet the International Monetary Fund’s conditions and maintain a $3 billion bailout, but elections next year might see the government delay some reforms.
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Sri Lanka Official Creditors Set To Make Restructuring Proposal
Sri Lanka’s official creditors will submit a debt restructuring proposal “very soon,” according to a person with knowledge of the matter.
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Sri Lanka Official Creditors Set To Make Restructuring Proposal
Sri Lanka’s official creditors will submit a debt restructuring proposal “very soon,” according to a person with knowledge of the matter.
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Sri Lanka Bondholders’ Proposal Sees Government Pushback
The proposal included a 20% haircut and new macro-linked bonds which would adjust payout depending on macroeconomic outcomes.
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Sri Lanka Nears IMF Deal On Funding While Debt Talks Proceed
Sri Lanka is likely to clinch an agreement in the next several days that would help it tap more funds from the International Monetary Fund even though it’s still trying to firm up negotiations with creditors on debt restructuring.
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Sri Lanka Cuts Policy Rate To Revive Growth As Inflation Cools
Sri Lanka cut its benchmark rate for a third time this year to help revive economic growth and rein in real borrowing costs.
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IMF Seeks More Talks With Sri Lanka On Review Of Bailout Program
The International Monetary Fund said discussions are continuing with Sri Lanka on whether it’s meeting targets under a $3 billion bailout program, a necessary step before further funds can flow to the nation.
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IMF Seeks More Talks With Sri Lanka On Review Of Bailout Program
The International Monetary Fund said discussions are continuing with Sri Lanka on whether it’s meeting targets under a $3 billion bailout program, a necessary step before further funds can flow to the nation.
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Sri Lanka Creditors Said To Seek Debt Restructuring Deal Without China
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, according to people familiar with the matter, a move with potential implications for how richer nations handle financial stress in the developing world.
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Sri Lanka Creditors Said To Seek Debt Restructuring Deal Without China
Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, according to people familiar with the matter, a move with potential implications for how richer nations handle financial stress in the developing world.
