UK ready to consider financing assurances for Sri Lanka to secure IMF deal

Free and Open Access to

Public Finance Data and Analysis

data-chart

UK ready to consider financing assurances for Sri Lanka to secure IMF deal

The United Kingdom is “ready to consider” financing assurances to Sri Lanka to secure a 2.9 billion US dollar extended fund facility (EFF) with the International Monetary Fund (IMF), a UK official said.

https://economynext.com/uk-ready-to-consider-financing-assurances-for-sri-lanka-to-secure-imf-deal-110302/

Economy Next

2023-02-02

Related News and Insights

November 2024 Fuel Price Update: Market Prices Hol...

Following the monthly fuel price revision on 01 November 2024, the market price of 92-octane petrol and the market price of auto diesel remained unchanged. However, the cost-reflective fuel formula prices decreased by LKR 2.02, while the for...

SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.