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…
Posted in South Asia News
Sri Lanka lifts import restrictions on 286 items as economic woes eases
June 10, 2023 Leave a Comment on 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…
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…