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Of chinese weapons to russia. moving onto sri lanka. its president says a loan approved by the international monetary fund means the country is no longer deemed bankrupt by the world. the country is expected to get the first $330 million tranche of the bailout in the coming days. but our correspondent archana shukla says the funds come with numerous conditions attached. the $3 million loan from imf will certainly not push the sri lankan economy out of the woods, but it will give a fillip to the ...

The country is expected to get the first $350 million tranche of the bailout in the coming days. but our correspondent archana shukla says the funds come with numerous conditions attached. the $3 million loan from imf will certainly not push the sri lankan economy out of the woods, but it will give a fillip to the economic activity that was stalled over the last year, first being bringing sri lanka back on the loan market. remember last year when sri lanka defaulted on its loan repayment, it was...

And sri lanka can go ahead and borrow fresh funds from other multilateral organisations like the world bank or the adb, and all the government projects that were running with this supply of money from multilateral organisations, will also come back on stream. add to that, with better foreign reserves and better reserves, the government will be able to import essentials and some of the import restrictions that it had put could also would also be slowly eased out, which means shortages on the grou...

By the imf. the $3 million loan from imf will certainly not push the sri lankan economy out of the woods, but it will give a fillip to the economic activity that was stalled over the last year, first being bringing sri lanka back on the loan market. remember last year when sri lanka defaulted on its loan repayment, it was declared bankrupt and it could not raise fresh funds. but now with the imf deal, more avenues will open up and sri lanka can go ahead and borrow fresh funds from other multilat...

That was stalled over the last year, first being bringing sri lanka back on the loan market. remember last year when sri lanka defaulted on its loan repayment, it was declared bankrupt and it could not raise fresh funds. but now with the imf deal, more avenues will open up and sri lanka can go ahead and borrow fresh funds from other multilateral organisations like the world bank or the adb, and all the government projects that were running with this supply of money from multilateral organisation...

John Abbott College, along with Pfizer Canada, raised a total of $36,696 thanks to the JAC Loonie Line.

John Abbott College, along with Pfizer Canada, raised a total of $36,696 thanks to the JAC Loonie Line.

The Asian Development Bank is investing $15 million to support the expansion of Switzerland-based discount grocery store chain DALI in the country as part of efforts to make essential items more accessible to low-income households and create new jobs.

Taking in the investment arms of multilateral lenders such as the World Bank and the Asian Development Bank as strategic partners will likely boost the attractiveness of the proposed Maharlika Investment Fund, according to Bangko Sentral ng Pilipinas Governor Felipe Medalla.

Asian Development Bank (ADB) President Masatsugu Asakawa met Prime Minister Narendra Modi on Tuesday and discussed Indias various development priorities.