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Category: Economy
IMF temporarily boosts fund limits to help members beat crisis
The International Monetary Fund (IMF) will temporarily increase funding limits for member nations to help them overcome current economic challenges.
Indo-UK relationship is seeing a reversal of roles
By P.K.Balachandran/Ceylon Today Colombo, March 6: Britain, which ruled India partially for about 182 years and fully for 90 years
The Real Cause of Sri Lanka’s Debt Trap
By Bram Nicholas and Shiran Illanperuma/The Diplomat March 02, 2023: Sri Lanka’s debt default – announced in April of last
Trade-Based Money Laundering (TBML) explained
By Najib Shah/Deccan Herald A short trader with no pretensions to have public interest brought the Indian markets to a
Debt restructuring for Sri Lanka covers only bilateral loans and not long-term multilateral loans.
By Bandula Sirimana/Business Times Colombo, February 26: Although the total government external debt amounts to US$ 35.052 billion as at
Sri Lanka and Pakistan close in on IMF deals after raising taxes
Feb 22 (Reuters) – Pakistan and Sri Lanka are getting close to securing bailouts from the International Monetary Fund after
Sri Lanka to make $2.6 billion in loan repayments in first half of year
Feb 21 (Reuters) – Sri Lanka is tangled in the worst financial crisis in over seven decades, triggered by a
Push for local processing and consumption of cocoa intensifies
The 2023 National Chocolate Week Celebrations has been launched with a renewed purpose to empower artisanal cocoa processors to take
Backing Sri Lanka, India sends financing assurances to IMF
By Meera Srinivasan/The Hindu Colombo, January 17: India sent financing assurances to the International Monetary Fund (IMF) on Monday, becoming