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Sri Lanka Crisis
World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation
“Strengthening the Deposit Insurance Scheme will help protect the savings of smaller depositors, including women and people living in rural areas. It will also sustain the confidence in Sri Lanka’s financial system, a critical part of building the country back better,” said World Bank executive
10 November 2023, 10:20 IST
World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation
10 November 2023, 10:20 IST
Sri Lanka receives first tranche of WB budget support
This was the biggest multilateral funding approved for Sri Lanka since the island nation struck a bailout deal with the IMF.
04 July 2023, 13:21 IST
Sri Lanka receives first tranche of WB budget support
04 July 2023, 13:21 IST
World Bank to give $500 mn budget support to Sri Lanka
The island nation of 22 million is emerging out of its worst economic crisis in seven decades.
27 June 2023, 05:39 IST
World Bank to give $500 mn budget support to Sri Lanka
27 June 2023, 05:39 IST
Sri Lanka lifts import limits on 286 items
A wide range of items from railway carriages to radio broadcasting receivers are included in the latest list released from restrictions.
10 June 2023, 11:09 IST
Sri Lanka lifts import limits on 286 items
10 June 2023, 11:09 IST
India extends $1 bn credit line to Sri Lanka by a year
India extended the credit line to Sri Lanka at the height of the country's economic crisis
30 May 2023, 12:26 IST
India extends $1 bn credit line to Sri Lanka by a year
30 May 2023, 12:26 IST
India extends $1 bn credit line for Sri Lanka by a year
The credit line, part of about $4 billion in emergency assistance extended by India during the peak of Sri Lanka's financial crisis early last year, was scheduled to end in March
09 May 2023, 09:50 IST
India extends $1 bn credit line for Sri Lanka by a year
09 May 2023, 09:50 IST
Lanka opts for domestic debt restructuring post-bailout
Sri Lanka received $330 million this month as the first tranche of the International Monetary Fund bailout programme
31 March 2023, 17:23 IST
Lanka opts for domestic debt restructuring post-bailout
31 March 2023, 17:23 IST
IMF facility debunks SL's bankruptcy: Wickremesinghe
The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country
22 March 2023, 10:54 IST
IMF facility debunks SL's bankruptcy: Wickremesinghe
22 March 2023, 10:54 IST
India, SL mulling using INR for economic transactions
India extended assistance worth over USD 3.8 billion to Sri Lanka last year to help it deal with the economic crisis
05 March 2023, 09:20 IST
India, SL mulling using INR for economic transactions
05 March 2023, 09:20 IST
Sri Lanka prez vows to continue power devolution
Wickremesinghe said unpopular decisions taken by him will have positive results in the years to come
08 February 2023, 16:13 IST
Sri Lanka prez vows to continue power devolution
08 February 2023, 16:13 IST
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