Sri Lanka Debt Crisis
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IMF Resumes $2.9 Loan Billion Bailout For Sri Lanka
The International Monetary Fund revived its $2.9 billion bailout for Sri Lanka on Tuesday after the South Asian nation clinched a debt restructuring deal with China, its biggest official lender.
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India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
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Sri Lanka Crisis Will Last At Least 2 More Years, Says Government
Sri Lanka will have to endure its unprecedented economic hardships for at least two more years, the country's finance minister said Wednesday while warning of an imminent cash crunch.
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China Turns Its Back On Sri Lanka Amid Massive Economic Crisis: Report
China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report.
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IMF Resumes $2.9 Loan Billion Bailout For Sri Lanka
The International Monetary Fund revived its $2.9 billion bailout for Sri Lanka on Tuesday after the South Asian nation clinched a debt restructuring deal with China, its biggest official lender.
-
India Writes To IMF Supporting Sri Lanka's Debt Restructuring Plan: Report
New Delhi's backing comes at a critical time for Sri Lanka as it has to put its massively indebted public finances in order to unlock the IMF loan that was agreed in September.
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Sri Lanka Crisis Will Last At Least 2 More Years, Says Government
Sri Lanka will have to endure its unprecedented economic hardships for at least two more years, the country's finance minister said Wednesday while warning of an imminent cash crunch.
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China Turns Its Back On Sri Lanka Amid Massive Economic Crisis: Report
China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report.
