Backdrop of IMF endorsement: The restructuring deal will reduce the outstanding debt from $12.5 billion to $9.1 billion, assuming Sri Lanka’s GDP remains under $90 billion in the coming years, ...
Good morning, ladies and gentlemen. Thank you very much for joining us today, and welcome to the IMF Press Briefing. I am Martha Woldemichael. I'm the IMF Resident Representative based here in Colombo ...
Sri Lanka's central bank cut its benchmark interest rate Wednesday, after the government agreed to a debt restructure deal with international bond holders.