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Sri Lanka forex reserves at US$1896mn in Dec 2022

Sri Lanka ended 2022 with gross forex reserves of 1,896 million dollars, up from 1,804 million US dollars in November, amid high interest rates which has allowed the central bank to halt money printing.

Sri lankaSaudi arabiaIshaq darSaudi fund for developmentInternational monetary fundFund facilityMinister ishaq darSaid al malkiTribune expressState bankInternational monetaryNovember pakistanPrime minister lee kwan yewExtended fund facility

Pakistan seeks Sri Lanka-style US$3bn bridging finance from Saudi Arabia

Pakistan has sought a 3 billion US dollar loan from Saudi Arabia in the style of Sri Lanka s frequent bridging finance as monetary instability created forex shortages and its central bank ran out of remaining reserves.

Sri lankaSaudi arabiaIshaq darSaudi fund for developmentInternational monetary fundFund facilityMinister ishaq darSaid al malkiTribune expressState bankInternational monetaryNovember pakistanPrime minister lee kwan yewExtended fund facility

Sri Lanka power regulator says 10-hour power cuts avoided

Sri Lanka power regulator says 10-hour power cuts avoided
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Sri lankaSaudi arabiaIshaq darSaudi fund for developmentInternational monetary fundFund facilityMinister ishaq darSaid al malkiTribune expressState bankInternational monetaryNovember pakistanPrime minister lee kwan yewExtended fund facility

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