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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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Sri Lanka would be able to use new IMF funding for budget: CB Governor
Sri Lanka would be allowed to use funds from the next International Monetary Fund for budget finance, and not only to boost foreign reserves, Central Bank Governor Nandalal Weerasinghe said. Sri Lanka has gone to the IMF 16 times in the past...
2022-09-08
Economy Next
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IMF agreement signals sharp change in policy settings – Fitch
The IMF staff-level agreement with Sri Lanka on a USD 2.9 billion programme, confirmed on 1 September, appears to signal a sharp change in policy settings in order to achieve macroeconomic stability, including through large fiscal adjustment...
2022-09-05
Ceylon Today
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Sri Lanka and IMF reach deal for US$2.9bn program
The International Monetary Fund said it had reached a deal with Sri Lanka for a 4-year 2.9 billion US dollar extended fund facility subject to debt restructuring and prior actions. Under the program the budget will have to generate a primary...
2022-09-01
Economy Next
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Sri Lanka gets US$200mn from ADB for income support, farming
The Asian Development Bank said it had approved 200 million US dollars in emergency credits for Sri Lanka by re-purposing existing loans which will be used for farming, and income support for the poor and vulnerable, especially women and chi...
2022-08-31
Economy Next
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