Sansarini | Episode 03

Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today. MORE..

21 Mar 2023 (2:29 PM)

President Ranil Wickremesinghe is scheduled to make a special statement to the nation today (21) regarding the IMF Executive Board s approval for Sri Lanka s request for an extended arrangement under the Extended Fund Facility (EFF). MORE..

21 Mar 2023 (9:20 AM)

The Executive Board of the International Monetary Fund (IMF) has approved the Extended Fund Facility to Sri Lanka at its board meeting held today, according to State Minister of Finance Shehan Semasinghe. MORE..

20 Mar 2023 (11:54 PM)

Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe s office said on March 20, 2023 on the eve of a desperately needed $2.9 billion IMF bailout. MORE..

20 Mar 2023 (10:51 PM)

The Cabinet of Ministers has authorized the Finance Ministry Secretary or the Treasury s Deputy Secretary to sign the Promissory Notes and other required documents as soon as Sri Lanka receives the IMF-supported Extended Fund Facility (EFF) approval from the IMF Executive Board. MORE..

20 Mar 2023 (11:41 PM)

The efforts to increase tax revenues should be pursued in a growth-friendly manner while protecting the poor and vulnerable people, says Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka. MORE..

21 Mar 2023 (11:19 AM)