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Sri Lanka unveils a budget on Monday attempting to put the South Asian government's finances in order, with reforms to advance a $2.9 global billion bailout from the island's worst financial ...
Crisis-hit Sri Lanka unveiled fresh measures on Tuesday in an interim budget aimed at clinching a bailout package from the International Monetary Fund, talks for which, the president said, had ...
The budget is also expected to include measures aimed at helping Sri Lanka restructure its debt as it tries to finalise a $2.9 billion bailout from the International Monetary Fund. Sri Lanka's new ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Bank of Ceylon; Central Bank of Sri Lanka; Credit Information Bureau; Department of Excise; Development Lotteries Board; Employees’ Trust Fund Board; Housing Development Finance Corporation Bank
Governor P. Nandalal Weerasinghe, in remarks at a discussion on the budget, said the situation in the island nation was stable but at a very low point. Sri Lanka must implement budget proposals to ...
The bill is widely criticised by human rights groups, journalists and opposition politicians as a means of stifling freedom of speech in Sri Lanka. [ 12 ] [ 13 ] [ 14 ] 25 January – Sri Lankan women's cricketer Chamari Athapaththu wins the ICC Women's ODI Cricketer of the Year award at the ICC Awards .
The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget policies, which are not limited to the International Monetary Fund's recommendations, are followed, President Ranil ...