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IMF approves second review of Sri Lanka s bailout package - FM
13 Jun 2024 (1:10 AM) Privatisation of SriLankan Airlines is part of IMF program, says CEO
13 Jun 2024 (12:14 PM) Several spells of showers expected in parts of Sri Lanka
13 Jun 2024 (7:41 AM) Train services on Coastal Line limited to single track
13 Jun 2024 (5:14 PM) IMF approves third tranche of Sri Lanka bailout after second review
13 Jun 2024 (7:23 AM) Derailment disrupts train services on coastal line
13 Jun 2024 (12:12 PM) |
The Executive Board of the International Monetary Fund (IMF) has approved Sri Lanka s second review under the Extended Fund Facility (EFF) programme, paving the way for the country to receive the third tranche of around USD 330 million, Sri Lanka s Foreign Minister Ali Sabry said. 
SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatise several state-owned enterprises as part of the International Monetary Fund (IMF) program and one of those is the flag carrier of the island nation. 
The Meteorology Department forecasts that several spells of showers will occur in Western, Sabaragamuwa and North-western provinces and in Galle and Matara districts. 
The train operations on the Coastal Line have been further limited to a single track, following the derailment of a train at Panadura Railway Station this morning (13). 
The Executive Board of the International Monetary Fund (IMF) completed the second review under the 48-month Extended Fund Facility (EFF) Arrangement, allowing the authorities to draw SDR 254 million (about US$336 million). 
A slow train plying from Panadura to Maradana has derailed near the Panadura railway station, disrupting services on the coastal line, Sri Lanka Railways announced. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
