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Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool launched by Verité Research.
Featured Insight
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool launched by Verité Research.
Featured Insight
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool launched by Verité Research.
Featured Insight
Sri Lanka Met 33 IMF Commitments and failed 8 by end-June
Sri Lanka had verifiably met 33 of the trackable programme commitments of the International Monetary Fund (IMF) programme as at the end of June 2023 but had failed eight, according to the ‘IMF Tracker', an online tool launched by Verité Research.
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Sri Lanka annual GDP growth projected to be around 4.5% – 5 % in 2024
Sri Lanka's 2024 economic outlook shows 4.5%-5% GDP growth, rising inflation, stabilized interest rates boosting private sector credit, and strengthened external resilience through tourism earnings, remittances, and...
2024-11-28
Daily News
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SEC approves regulatory framework for Infrastructure Bonds
The Securities and Exchange Commission (SEC) of Sri Lanka has approved a regulatory framework for issuing and listing Infrastructure Bonds on the Colombo Stock Exchange. This initiative is aimed at attracting both local and foreign investments into critical infrastructure projects, such as transp...
2024-01-08
Daily News
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Sri Lanka hopes to declare out of bankruptcy by Q1 2024: Minister
Sri Lanka, which declared default in April 2022, is actively negotiating with its private bondholders to finalize a debt restructuring agreement by the end of March 2024, according to State Finance Minister Shehan Semasinghe...
2023-12-18
EconomyNext
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IMF Staff Mission Recommends Avoiding Further Monetary Policy Loosening in Sri Lanka
The IMF staff mission advised against further loosening of Sri Lanka's monetary policy, warning that it could jeopardize economic recovery and increase inflation risks. They commended the Central Bank of Sri Lanka (CBSL) for meeting its...
2023-12-18
LBO
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VAT increase: Inflation expected to increase by 2.5%
Sri Lanka’s Value Added Tax (VAT) increase to 18% from January 2024 onwards along with reduction of VAT threshold to Rs. 60 million and removal of VAT exemptions from 97 items out of 138 goods is expected to increase the inflation by 2...
2023-12-11
The Morning
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