Sri Lanka IMF

Sri Lanka frontrunner won't tear up IMF deal: party

The party of a Marxist leader on track to win Sri Lanka's presidential vote vowed Sunday not to scrap the country's unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it

Sri Lanka raises taxes ahead of foreign debt deal

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring

September 22, 2024
September 22, 2024

Sri Lanka frontrunner won't tear up IMF deal: party

The party of a Marxist leader on track to win Sri Lanka's presidential vote vowed Sunday not to scrap the country's unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it

January 1, 2024
January 1, 2024

Sri Lanka raises taxes ahead of foreign debt deal

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt restructuring