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1 – 9 of 9Sri 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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The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…
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DOI: 10.1108/OXAN-DB280730
ISSN: 2633-304X
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Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…
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DOI: 10.1108/OXAN-DB272363
ISSN: 2633-304X
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SRI LANKA: Reliance on humanitarian aid will persist
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DOI: 10.1108/OXAN-ES271269
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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Colombo is seeking a bailout of up to USD4bn from the Fund to ease the foreign exchange (forex) crisis which prompted it to suspend external debt servicing earlier this month…
Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…
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DOI: 10.1108/OXAN-DB271412
ISSN: 2633-304X
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The programme will resume once approved by the Fund’s Executive Board. The last tranche of the loan received to date was disbursed earlier this year, under then premier Imran…