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IMF chief commends Sri Lanka s economic reform program, says collective effort key to success of debt restructuring
27 Nov 2024 (10:01 AM) Over 207,000 people affected by bad weather across 17 districts
27 Nov 2024 (12:24 PM) Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
27 Nov 2024 (9:46 AM) Flood warnings issued for low-lying areas of Malwathu Oya
27 Nov 2024 (10:26 AM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) ADB backs Sri Lanka s growing investment potential in key sectors
27 Nov 2024 (11:25 AM) |
IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other official creditors, together with the participation of bondholders in a debt exchange consistent with debt sustainability, is necessary to underpin the success of Sri Lanka s economic reform efforts. 
Inclement weather conditions have affected a total of 207,582 individuals from 59,629 families across 17 districts, according to the Disaster Management Centre (DMC). 
The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. 
The Irrigation Department has issued a flood warning for several low-lying areas of Malwathu Oya Basin, effective until 5.30 a.m. on November 29, 2024. 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). 
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka, citing increased foreign investor interest fuelled by the government s systematic financial reforms, the President s Media Division (PMD) said in a statement. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
