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The efforts to increase tax revenues should be pursued in a growth-friendly manner while protecting the poor and vulnerable people, says Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka. MORE..

21 Mar 2023 (11:19 AM)

Sri Lanka, with the help of its legal and financial advisors, must present a debt restructuring strategy before the end of April 2023 in order to reach the International Monetary Fund s targets to achieve debt sustainability, Peter Breuer, the IMF Asia Pacific Department s Senior Mission Chief for Sri Lanka said today. MORE..

21 Mar 2023 (2:29 PM)

Showers or thundershowers will occur at several places in Sabaragamuwa, Central, Uva, North-Central and North western provinces and in Trincomalee, Vavuniya, Mullaitivu and Mannar districts during the afternoon or night. MORE..

21 Mar 2023 (8:58 AM)

President Ranil Wickremesinghe is scheduled to make a special statement to the nation today (21) regarding the IMF Executive Board s approval for Sri Lanka s request for an extended arrangement under the Extended Fund Facility (EFF). MORE..

21 Mar 2023 (9:20 AM)

The Executive Board of the International Monetary Fund (IMF) approved today a 48 #8209;month extended arrangement under the Extended Fund Facility (EFF) with an amount of SDR 2.286 billion (395 percent of quota or about US$3 billion), the international lender announced. MORE..

21 Mar 2023 (12:34 AM)

IMF s Asia Pacific Department s Senior Mission Chief for Sri Lanka, Peter Breuer and Mission Chief for Sri Lanka, Masahiro Nozaki are currently holding a virtual press briefing on the approved Extended Fund Facility (EFF) for the island nation. MORE..

21 Mar 2023 (10:05 AM)