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A service for global professionals · Tuesday, May 13, 2025 · 812,100,585 Articles · 3+ Million Readers
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Sri Lanka IMF Newswire

  • Published on 04:22 GMT

    Sri Lankan union leaders respond to US trade war with class collaboration

    The Joint Trade Union Alliance (JTUA), which includes 25 unions covering private sector workers, and various pseudo-left groups held a May Day rally this month at the Sirisena playground in central Colombo. Workers on May Day march in Colombo, 2025The …

    Source: World Socialist Web Site - Left-wing
  • Published on 02:50 GMT

    Sri Lanka Government’s Double Standards on Electricity Tariffs Exposed

    The Sri Lankan government is facing criticism over its handling of electricity tariffs, with allegations of double standards, misinformation, and a lack of transparency surfacing amidst growing public concern. Despite earlier claims of profitability and …

    Source: Lanka News Web - Pending
  • Published on May 12, 2025

    Sri Lanka’s Left in the Tariff Trap

    “Katunayake FTZ workers skip travel home to vote due to high bus fares” reported a Sri Lankan news outlet on the morning of Monday, May 5, one day before local government elections. The headline captured in just a few words the quiet crisis unfolding in …

    Source: Jacobin - Left-wing
  • Published on May 12, 2025

    Pakistan, the IMF, and an Opportunity for Reform

    Is Pakistan’s economy out of the woods and has it finally stabilized under the tutelage of successive International Monetary Fund (IMF) programs? That was a question on at least a few minds at the recently concluded IMF-World Bank Spring Meetings in …

    Source: South Asian Voices - Center-left
  • Published on May 11, 2025

    Japan a victim of corruption in Sri Lanka : Ambassador

    Japan wants Govt to walk the talk Remains optimistic that President will address it Recognizes President's remarks that NPP politicians not involved in corruption Says it is equally important to end such cases involving bureaucrats Colombo, May 12 ( …

    Source: Daily Mirror - Pending
  • Published on May 11, 2025

    Sri Lanka Greenlights Major Reforms to Boost Power Sector Stability and Sustainability

    By: Staff Writer May 11, Colombo (LNW): In a significant move to modernize its power infrastructure and ensure long-term energy security, Sri Lanka has secured international support to launch a comprehensive reform and development initiative targeting its …

    Source: Lanka News Web - Pending
  • Published on May 10, 2025

    Sri Lanka remittances up 18-pct in April, steady growth after currency crisis

    ECONOMYNEXT – Sri Lanka’s official worker remittances grew 18.8 percent in April 2025 from a year ago to 646.1 million US dollars, coming down from a pre-New Year festival high of 693.3 million US dollars, official data show. March and December are usually …

    Source: EconomyNext - Neutral
  • Published on 05:40 GMT

    US, China suspends 125-pct tax for 90-days, others remain

    ECONOMYNEXT – Sri Lanka’s loans to private businesses surged to 173 billion rupees in March, up from 105.5 billion rupees in February, while government credit also expanded, official data show. In Sri Lanka private credit usually expands in March ahead of …

    Source: EconomyNext - Neutral
  • Published on May 12, 2025

    Argentina debt upgraded by Fitch in fresh boost for Milei

    Argentina’s credit score was raised by Fitch Ratings, citing the country’s move to dismantle currency controls and its success in securing multilateral funding. The ratings company upgraded the South American nation one notch to CCC+, seven levels into …

    Source: Buenos Aires Times - Neutral
  • Published on May 10, 2025

    Sri Lanka: Local government elections reveal growing popular opposition to ruling JVP/NPP

    Seven months after coming to power, Sri Lankan ruling Janatha Vimukthi Peramuna/National People’s Power (JVP/NPP) of President Anura Kumara Dissanayake is facing growing popular opposition. In the Local Government (LG) elections held on May 6, the …

    Source: World Socialist Web Site - Left-wing
  • Published on May 12, 2025

    May 12 is observed as International Nurses Day Nurses: The unseen foundation of the economy

    The dedication of these professionals in delivering care and promoting public health directly bolsters workforce productivity and curtails healthcare expenditure, particularly within underserved communities Sri Lanka’s nursing profession underpins not only …

    Source: Daily Mirror - Pending
  • Published on 02:50 GMT

    CEB now in Crisis: Chairman’s Exit Sparks Scandal, Denial and Outrage

    The Ceylon Electricity Board (CEB) has plunged into controversy and confusion as conflicting reports emerge over the resignation of its Chairman, Dr. Tilak Siyambalapitiya. The Ministry of Energy denies the resignation, while mounting evidence and public …

    Source: Lanka News Web - Pending
  • Published on May 9, 2025

    Sri Lanka stocks close flat as buying interest slows

    ECONOMYNEXT – Sri Lanka stocks closed a marginal 0.06 percent weaker after a volatile session, brokers said. Colombo’s broader ASPI closed 9.75 points weaker at 15,916.17, while the S&P SL20 index remained in the positive territory, up 0.06 percent, or …

    Source: EconomyNext - Neutral
  • Published on May 8, 2025

    Sri Lanka gets new surveyor general, exam commissioner general

    ECONOMYNEXT – Sri Lanka has collected tax revenues of 970.58 billion rupees in the first quarter of 2025, while current spending was 1,226.55 billion rupees, according to a quarterly fiscal report made under a public finance law, cabinet spokesman Nalida …

    Source: EconomyNext - Neutral
  • Published on May 8, 2025

    World Bank announces $1 billion package for Sri Lanka

    The World Bank on Wednesday announced a package of $1 billion over three years to support job creation and develop private sector growth in Sri Lanka, a press release said. The announcement came after a meeting between World Bank President Ajay Banga and …

    Source: Mint - Neutral
  • Published on May 8, 2025

    World Bank Approves $1 Billion Loan for Sri Lanka Crisis

    Sri Lanka has secured a \$1 billion loan from the World Bank aimed at revitalising its agriculture, tourism, and energy sectors, marking a significant step in the country’s recovery from its worst-ever economic crisis. The announcement came on Wednesday …

    Source: News Central TV - Indeterminate
  • Published on May 10, 2025

    Pakistan and IMF: The cycle of bailout, dependency, lack of structural reforms

    Latest in India-pakistan news, the current IMF bailout for Pakistan exceeding $1 billion is the 24th bailout by the International Monetary Fund since 1958. Over the last 7 decades, Pakistan has resorted to a continuous cycle of debt, policy inertia, and …

    Source: Financial Express - Neutral
  • Published on May 8, 2025

    EU Delegation Commends Sri Lanka’s Policy Reforms During GSP+ Monitoring Mission

    The European Union Delegation on the GSP+ Monitoring Mission has expressed its appreciation for Sri Lanka’s recent policy reforms, particularly those aligning with the fundamental objectives of the GSP+ mechanism. This recognition came during a high-level …

    Source: Lanka News Web - Pending
  • Published on May 10, 2025

    IMF approves $1 bn Pakistan payout despite India's objections

    The International Monetary Fund (IMF) on Friday approved a loan program review for Pakistan, unlocking around $1 billion in much-needed funds and greenlighting a new $1.4 billion bailout despite India's objections. Pakistan came to the brink of default …

    Source: Daily Star - Neutral

06 days 19:02:29

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