Tag: Sri Lanka IMF bailout

Posted in South Asia News

Sri Lanka records single-digit inflation for first time in 2 years

COLOMBO: Cash-strapped Sri Lanka on Monday said that its inflation has dropped to 6.3%, a single-digit figure for the first time in two years, providing…

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Sri Lanka lifts import restrictions on 286 items as economic woes eases
Posted in South Asia News

Sri Lanka lifts import restrictions on 286 items as economic woes eases

COLOMBO: Sri Lanka has lifted import restrictions on nearly 300 items with immediate effect, the finance ministry announced on Saturday, in a clear sign that…

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Sri Lanka receives first tranche of IMF bailout
Posted in South Asia News

Sri Lanka receives first tranche of IMF bailout

COLOMBO: Sri Lanka has received the first tranche of an IMF bailout programme, President Ranil Wickremesinghe told parliament on Wednesday.The crisis-ridden island nation was scheduled…

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