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SRI LANKA: Deal brings key IMF approval closer
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DOI: 10.1108/OXAN-ES283743
ISSN: 2633-304X
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Sri Lanka must attend to debt restructuring as part of its four-year, USD3bn bailout programme with the Fund. The Fund’s Executive Board approved the bailout in March, roughly ten…
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DOI: 10.1108/OXAN-DB279489
ISSN: 2633-304X
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SRI LANKA: Key talks on debt will be protracted
Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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SRI LANKA: New initiative may struggle without China
The leaders held talks on a range of issues, including economic cooperation. Kishida afterwards described India as an “indispensable partner” in Japan’s attempts to realise its…
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DOI: 10.1108/OXAN-DB278223
ISSN: 2633-304X
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SRI LANKA: Ensuring meaningful debt talks may be tough
SRI LANKA: Japan idea is about India-China pressure
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DOI: 10.1108/OXAN-ES272233
ISSN: 2633-304X
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SRI LANKA: Debt restructuring will now be key focus
Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…