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  1. 3 days ago · Economy. Sri Lanka foreign reserves rise to $5642mn June after IMF loan. The IMF approved US$336 mn equivalent tranche for Sri Lanka in June. 1 min read. General Industry. Global Environment Facility funds chemical disposal project in Sri Lanka. GEF grants USD5mn to Ministry of Environment and UNDP to implement project on chemical disposal.

  2. 5 days ago · The provisional deal Sri Lanka has secured to restructure about $12.5 billion in international bonds is significant at this moment. This agreement, reached after a second round of formal talks with bondholders, is a crucial step in the coutry’s fragile recovery from the severe financial crisis.

  3. Jul 3, 2024 · Sri Lanka struck a deal to restructure $12.6 billion of bonds with its creditors, bringing the South Asian nation closer to completing its debt overhaul two years after it defaulted. Investors...

  4. 6 days ago · Sri Lanka has secured a deal to move forward on restructuring about $12.5 billion of international bonds, the government said on Wednesday, a major step in the island nation's fragile recovery ...

  5. 1 day ago · Sri Lanka is going a step further by embedding national output directly into the new instrument. Here are the contours of the deal that has emerged after much back and forth. The IMF expects GDP ...

  6. 2 days ago · As Sri Lanka secures US$ 8 billion in debt relief, President Ranil Wickremesinghe announced that the island nation is now free to pursue a new economic direction. ..

  7. 6 days ago · Sri Lanka has been rocked by a series of crises in the past two decades, including economic turmoil in 2022 that led to oil, food and power shortages, the 2019 Easter Sunday bombings, and the ...

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