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IMF approves third tranche of Sri Lanka bailout after second review
13 Jun 2024 (7:23 AM) IMF third tranche will pave the way for long-term sustainable growth in SL - state minister
13 Jun 2024 (11:55 AM) Privatisation of SriLankan Airlines is part of IMF program, says CEO
13 Jun 2024 (12:14 PM) Train services on Coastal Line limited to single track
13 Jun 2024 (5:14 PM) IMF third tranche will pave the way for long-term sustainable growth in SL - state minister
13 Jun 2024 (11:55 AM) G7 leaders agree to lend Ukraine billions backed by Russia s frozen assets
13 Jun 2024 (2:31 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). 
State Minister of Finance Shehan Semasinghe expressed gratitude to the International Monetary Fund (IMF) Board Members, Management and Mission Team for the unwavering and dedicated support extended to Sri Lanka following the approval of the second review of the EFF programme. 
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 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). 
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. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
