FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ »  Sri Lanka not in discussions with IMF on additional loan facility - Central Bank Governor

Sri Lanka not in discussions with IMF on additional loan facility - Central Bank Governor

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Sept 30, Colombo: The Governor of Sri Lanka's Central Bank Ajith Nivard Cabraal says the country is not engaged in any discussion with the International Monetary Fund (IMF) for an additional loan facility.

He has said that officials from the IMF are currently in Sri Lanka for a routine visit.

Cabraal has made this comment in relation to previous reports that the Bank was trying to negotiate an additional US$ 500 million facility.

According to the Governor, the team is studying the impact of monetary policy changes the government made in February and March to cap the ballooning trade deficit.

Awarding the final tranche of the Stand-By Arrangement approved on July 24, 2009, the global lender suggested that a "successor arrangement with the Fund (IMF)" would provide valuable support to the Sri Lankan authorities to continue macroeconomic stabilization and structural reforms efforts, in particular maintaining exchange rate flexibility while building international reserves.

Cabral has said that any future negotiations on facilities would be based on local needs and other global developments and therefore, there would not be any discussion on a fund facility with the current IMF mission.
http://www.colombopage.com/archive_12A/Sep30_1349000547CH.php

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum