Anusha Ondaatjie

1 week ago | bloomberg.com | Anusha Ondaatjie |Asantha Sirimanne

Anura Kumara Dissanayake(Bloomberg) -- Sri Lankan President Anura Kumara Dissanayake swept to power last year with an unprecedented super-majority government. Now, he arguably faces an even more crucial election. The island nation, which officially emerged from bankruptcy in 2024, votes on Tuesday for 339 municipal and rural council leaders — a test of the president’s popularity some eight months after his election win.

2 weeks ago | news.bloomberglaw.com | Malavika Kaur Makol |Anusha Ondaatjie

The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. The conclusion of the fourth review will give the nation access to about $344 million after approval from the IMF’s executive board, the Washington-based lender said in a statement on Friday.

2 weeks ago | financialpost.com | Malavika Kaur Makol |Anusha Ondaatjie

Advertisement 1The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. Article content(Bloomberg) — The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

2 weeks ago | bloomberg.com | Malavika Kaur Makol |Anusha Ondaatjie

Sri Lanka has followed tight fiscal guidelines under the IMF bailout, including restructuring most of its debt with bondholders. (Bloomberg) -- The International Monetary Fund reached a staff level agreement with Sri Lanka, paving the way toward unlocking the next tranche of funds under an existing $3 billion loan program.

1 month ago | ca.finance.yahoo.com | Anusha Ondaatjie |Jeanette Rodrigues

(Bloomberg) -- Sri Lanka’s new government will be restricted in how much it can spend for at least the next two years, the prime minister said, as it looks to balance campaign pledges to unwind tax increases and other austerity measures against limits set by its $3 billion bailout program. • None They Built a Secret Apartment in a Mall. Now the Mall Is Dying. • None Why Did the Government Declare War on My Adorable Tiny Truck?