sri Archives - Global Banking Monitor

IMF Commends Sri Lanka’s Debt Management Collaboration with China’s Exim Bank

Amid its financial challenges, Sri Lanka has received commendation from the International Monetary Fund (IMF) for its handling of debt negotiations with China’s Export-Import...

Inflation Eases Further in Sri Lanka, Offering Reprieve in July

Sri Lanka’s inflation pace reached single digits for the first time in 20 months, setting the stage for the central bank to slash borrowing...

Sri Lanka’s Parliament Passes Bill to Enhance Central Bank’s Autonomy

Sri Lanka's parliament on Thursday approved a new law to improve the independence of the country's central bank, the deputy speaker said, as part...

Sri Lanka Reduces Interest Rates for the First Time in Three Years as Inflation Cools

Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central bank targeting inflation easing to single-digits...

Sri Lanka’s Inflation Decelerates Once Again in May Ahead of Rate Meeting

Sri Lanka’s inflation pace slowed for the fourth month in May on record gains in the local currency and improving food and fuel supplies,...

Sri Lanka’s central bank to keep rates unchanged as inflation remains elevated

Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy...

ADB Grants $350 Million Loan to Assist Sri Lanka’s Economic Stabilization Efforts

The Asian Development Bank (ADB) on Monday said it has approved a $350 million special policy-based loan to provide budget support to Sri Lanka...

Sri Lanka’s FX Reserves Surge to $2.69 Billion in March with IMF Assistance

Sri Lanka’s foreign exchange reserves grew in March to the highest in over a year after the South Asian nation clinched a $3 billion...

World Bank Forecasts Sri Lankan Economy to Shrink by 4.3%

Amid the ongoing economic crisis, the Sri Lankan economy is projected to contract by 4.3 per cent in 2023 as demand continues to be...

IMF Optimistic About Sri Lanka’s Economic Recovery with Bailout Assistance

The International Monetary Fund has finally approved a $3 billion bailout for Sri Lanka, paving the way for the country to restructure its debt...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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