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Debt deal with creditors could help Sri Lanka clear IMF bailout review

COLOMBO (Reuters) -Sri Lanka's pact with creditor nations to restructure its debt prepares the way for the International Monetary Fund (IMF) to consider clearing the first review of a bailout next month, the global lender said on Thursday. Battling its worst financial crisis in decades, the Indian Ocean nation had been trying since last year to strike restructuring deals with creditors after record low foreign exchange reserves led to a default on foreign debt in May 2022. Wednesday's in-princip

Sri Lanka s debt-restructuring hangs in balance as deal yet to be inked

Sri Lanka s debt-restructuring hangs in balance as deal yet to be inked
firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.

Sri Lanka expects IMF board approval of first review next month

Sri Lanka expects IMF board approval of first review next month
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Sri Lanka expects IMF board approval of first review next month - central bank chief

Sri Lanka expects the International Monetary Fund to approve the first review of its bailout programme next month, clearing the way for the release of $900 million of funding from multilateral. -November 24, 2023 at 04:30 am EST - MarketScreener

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