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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ஆக தேர்வு செய்க
IMF says any loan to Sri Lanka requires debt sustainability
The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage and any deal would require "adequate assurances" that the island country's debts can be put on a sustainable...
2022-04-21
Daily Mirror
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Fitch Downgrades Sri Lanka to ‘C’
Fitch Ratings has downgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘C’ from ‘CC’. The issue ratings on foreign-currency bonds issued on international markets have also been downgr...
2022-04-17
Island
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" Technical negotiation with IMF started; RFPs to be called to appoint advisors for debt restructuring"
Sri Lanka’s Central Bank has already started technical negotiations with the International Monetary Fund for an IMF program and appointing financial and legal advisors for debt restructuring will be expedited, new Central Bank Governor...
2022-04-09
LBO
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CB sends shockwaves with 700bps policy rate hike to arrest inflation
The Monetary Board of the Central Bank under the newly-appointed Governor Dr. Nanadalal Weerasinghe yesterday delivered a whopping 700 basis point policy rate hike, though many expected a milder hike in the range of 200 to 300 basis points.
2022-04-08
Daily Mirror
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