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Representatives of the International Monetary Fund (IMF) are scheduled to issue an official statement this morning (23) regarding the third review under the Extended Fund Facility (EFF). MORE..

23 Nov 2024 (10:21 AM)

Sri Lanka s new government has agreed to press ahead with a IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday (Nov 23). MORE..

23 Nov 2024 (6:30 PM)

Sri Lanka should be vigilant about the Adani power project in the island, experts said, after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on multiple counts of fraud. MORE..

23 Nov 2024 (8:59 PM)

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review of Sri Lanka s economic reform program supported by the IMF s Extended Fund Facility (EFF). MORE..

23 Nov 2024 (12:59 PM)

The government announced that the Rs. 3,000 allowance designated for elderly individuals aged over 70, enrolled in the "Aswesuma" welfare benefit program, has been credited to their respective bank accounts. MORE..

22 Nov 2024 (5:33 PM)

President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations set by the people in the recent mandate, it could lead to citizens losing hope in envisioning a prosperous future. MORE..

23 Nov 2024 (10:33 AM)