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IMF approves third tranche of Sri Lanka bailout after second review
13 Jun 2024 (7:23 AM) Postal strike continues
13 Jun 2024 (10:42 AM) Several spells of showers expected in parts of Sri Lanka
13 Jun 2024 (7:41 AM) G7 leaders agree to lend Ukraine billions backed by Russia s frozen assets
13 Jun 2024 (2:31 PM) Postal strike continues
13 Jun 2024 (10:42 AM) Privatisation of SriLankan Airlines is part of IMF program, says CEO
13 Jun 2024 (12:14 PM) |
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). 
The United Postal Trade Unions Front (UPTUF) has launched a trade union action starting from midnight yesterday (12). 
The Meteorology Department forecasts that several spells of showers will occur in Western, Sabaragamuwa and North-western provinces and in Galle and Matara districts. 
Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival that would use interest earned on profits from Russia s frozen central bank assets as collateral. 
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. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
