News Sri Lanka Markets: Sri Lanka court allows former finance minister Basil Rajapaksa to travel overseas
Sri Lanka's highest court has allowed former finance minister Basil Rajapaksa to travel overseas until Jan. 15, anti-corruption body Transparency International Sri Lanka said on Friday.
News Sri Lanka Markets: Sri Lanka gains IMF's provisional agreement for $2.9 bln loan
Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its worst economic crisis in decades.
News Sri Lanka Markets: Sri Lanka imports 600,000 metric tonnes of substandard rice due to flawed chemical fertiliser ban: Minister
Sri Lanka economic crisis: he move to turn the country into a green economy failed and caused an acute food shortage with crop losses amounting to 50 percent. The island nation had to thus import 1/3rd of its rice requirement from overseas.
News Sri Lanka Markets: IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka. A visiting IMF team says the agreement ...
News Sri Lanka Markets: Sri Lanka Economic Crisis: IMF announces USD 2.9 Billion Bailout for Ailing Economy
Sri Lanka Economic Crisis: After weeks of uncertainty and negotiations, IMF has approved a bailout loan of USD 2.9 billion to Sri Lanka to help revive its ailing economy. The key objective of IMF’s Bailout Deal for Sri Lanka is to restore
News Sri Lanka Markets: Sri Lanka - Sri Lanka needs GSP+ now more than ever following the pandemic
Considering official statistics for 2021, available up to end November, the EU was Sri Lanka's single largest export market for 2021, accounting for nearly a quarter (24.1%) of our total ...
News Sri Lanka Markets: Sri Lanka-India ties at high point, concerns about Chinese presence in country ‘consigned to past’: G L Peiris
You’re talking 99 tanks – the storage capacity is useful for India and for Sri Lanka because when the world market prices are low we can purchase oil and store it. Then there is Indian investment in ...
