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

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Hopeful of Sri Lanka ISB restructuring deal despit...

Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, has expressed optimism regarding the prospect of a deal with Sri Lanka’s sovereign bond holders, despite encountering "some setbac...

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Bondholders’ agreement delay won’t hinder IMF thir...

Former Central Bank Governor Dr. Indrajit Coomaraswamy expressed optimism regarding the disbursement of the third tranche of the IMF's $3 billion bailout package for Sri Lanka, despite potential delays in reaching an agreement with priva...

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Govt. gazettes revised Sri Lanka Electricity Bill

The Sri Lanka Electricity Bill, recently published in the gazette and set for presentation to Parliament by Power and Energy Minister Kanchana Wijesekera, marks a crucial step towards reforming the country's electricity...

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