China supports Sri Lanka’s IMF deal, AIIB agrees to give US$160mn: Sabry

China’s has said it will support Sri Lanka in its negotiation with the International Monetary Fund, and the Asian Infrastructure Investment Bank has indicted its willingness to lend 160 million US dollars, Finance Minister Ali Sabry said.

EconomyNext

2022-05-04

සබැඳි පුවත් සහ විශ්ලේෂණ

Third review approved by IMF, SL to get next US$ 3...

IMF and Sri Lanka agreed on the third review of the Extended Fund Facility (EFF), unlocking US$333 million, subject to conditions.

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CEB reports turnaround performance in 3Q despite t...

The Ceylon Electricity Board achieved a significant turnaround in Q3 2024, driven by prior steep tariff hikes, with revenue rising 19.8% year-on-year to Rs.126.80 billion and operating profits surging by 169.8% to Rs.35...

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ADB US$200 million loan to strengthen Sri Lanka’s...

The ADB approved a $200 million loan to strengthen Sri Lanka's financial sector by enhancing banking sector governance, improving asset quality, supporting MSMEs with incentives, promoting financial inclusion for women through...

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