Page 22 - Uditha Jayasinghe News Today

Public employees at Sri Lanka's ports, hospitals, schools, and railways went on strike on Wednesday to protest against high costs of living as the country struggles to recover from a severe financial crisis.

(Reuters) - The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri Lanka, which could help the country unlock up to $7 billion more from other lenders such as the World Bank and the Asian Development Bank. Here are some key developments in the island nations worst economic crisis in about 75 years. 2022 MARCH 31: Demonstrators march to President Gotabaya Rajapaksas private residence to protest over worsening economic conditions. MAY 9: Following widespread clashes...

COLOMBO — When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his predecessor, the South Asian island nation…

COLOMBO (Reuters) - Sri Lanka will receive the first tranche of about $330 million from the International Monetary Fund in the next two days, and, going forward, disbursements would be tied to reviews that take place every six months, an IMF official said on Tuesday. | 11:53pm

(Reuters) - The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri Lanka, which could help the country unlock up to $7...

By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) - Sri Lanka will get the first $330 million tranche of the International Monetary Fund's bailout in

MUMBAI (Reuters) - Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a senior economist at Moody's Analytics told Reuters on Tuesday. | 02:11am

By Swati Bhat and Uditha Jayasinghe MUMBAI (Reuters) - Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilat...

By Jorgelina do Rosario, Karin Strohecker and Uditha Jayasinghe LONDON/COLOMBO (Reuters) - Sri Lanka is ready to engage in debt restructuring talks wi...

(Reuters) - Sri Lankan President Ranil Wickremesinghe's office said on Monday that the International Monetary Fund's executive board has approved a $2...