Sri Lanka requests India to extend USD 1.5bn swap facility by one year
Dec 17, 2015 (LBO) – Sri Lanka’s Finance Ministry has requested India to extend the existing 1.5 billion US dollars swap facility by one year, the finance …
Dec 17, 2015 (LBO) – Sri Lanka’s Finance Ministry has requested India to extend the existing 1.5 billion US dollars swap facility by one year, the finance …
Dec 17, 2015 (LBO) – Sri Lanka’s Finance Minister told Parliament Wednesday that the country has a strong balance of payments environment and rejected …
Dec 17, 2015 (LBO) – The US Federal Reserve has raised interest rates by 25 basis points, its first increase since 2006. Fed Chair Janet Yellen said the move …
Dec 15, 2015 (LBO) – Sri Lanka’s gross domestic product expanded 4.82 percent in the third quarter of 2015 from a year earlier, the state statistics office …
Dec 15, 2015 (LBO) – Sri Lanka’s Board of Investment says they are expecting 1.6 billion US dollars worth foreign direct investments through 66 new …
Dec 15, 2015 (LBO) - A first rate hike by the U.S. Fed in nearly a decade expected this week is largely priced-in and emerging markets may have already seen …
Dec 14, 2015 (LBO) - Special economic zones (SEZs) can be a driving force for increased trade, investment, and economic reform in Asia as it experiences a …
Dec 11, 2015 (LBO) - Sri Lanka's government and I Paid A Bribe Sri Lanka has launched a "first of its kind" anti-corruption website www.ipaidabribe.lk to crowd …
Dec 11, 2015 (LBO) - Sri Lanka needs labor market reforms including boosting of female labor force participation rate, a senior International Monetary Fund …
Dec 10, 2015 (LBO) - The International Monetary Fund concluded its fourth Post-Program Monitoring with Sri Lanka, noting a more challenging external …
Dec 09, 2015 (LBO) - Sri Lanka may go to international markets to raise up to 1.5 billion dollars next year for budgetary financing, in line with the amount …
Dec 09, 2015 (LBO) - With the end of a war and recently built infrastructure, Sri Lanka businesses are well placed to benefit from new opportunities, Eteri …
Dec 08, 2015 (LBO) – Sri Lanka external trade continued to contract in September with exports falling 5.9 percent to 850 million US dollars and imports …
(Todd Schneider is the head of IMF's staff missions to Sri Lanka) By Todd Schneider Constructing a good budget is like building a good house. The foundation …
Nov 04, 2015 (LBO) - Sri Lanka's government has expressed interest in a IMF-supported program as one option to address balance of payments pressures, the …
Dec 03, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinghe said that the island's mid income earners should be confident and not afraid to invest …
Dec 03, 2015 (LBO) – Sri Lanka is still in the period of making strategies to move forward and the country might have to generate additional revenue next …
Dec 03, 2015 (LBO) – Sri Lanka’s state-owned enterprises have to perform better towards contributing to the national economy, Prime Minister Ranil …
Dec 02, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe today said the country plans to have a 'unique financial and business district' in …
Dec 02, 2015 (LBO) - Sri Lanka will consider a stand-by facility from the IMF next year, Prime Minister Ranil Wickremesinghe told parliament. "Next year will …