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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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Lanka to restructure bilateral loans amounting to $10.81 bn
Sri Lanka is confident of gaining assurances from bilateral creditors for their debt restructuring to obtain International Monetary Fund (IMF) board approval towards unlocking the US$ 2.9 billion bailout package ahead of the IMF/World Bank spring meetings in Washington in mid-April, Finance Minis...
2023-03-01
Sunday Times
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New debt process needed for countries like Sri Lanka: IMF chief
A new predictable and orderly’ debt resolution process is needed for countries like Sri Lanka and Surinam which are not covered by existing frameworks, International Monetary Fund Managing Director Kristalina Georgieva has said.
2023-03-01
EconomyNext
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China reclassifies some bi-lateral loans to commercial loans
Authorities have published a new version of bi-lateral debt where the previous (Sep investor presentation) total debt was $ 14.1 billion and the latest version is $ 11.2 billion.
2023-02-22
Daily FT
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IMF to meet with China, India, Paris Club on debt relief today
The International Monetary Fund, World Bank and India will host an inaugural meeting to deal with global debt issues Today (17), bringing together creditors including China with borrowing countries to try to hash out solutions for nations with unsustainable debt levels, Bloomberg reported....
2023-02-22
Ceylon Today
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