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IMF criticises forced bank mergers

The visiting International Monetary Fund mission on Thursday observed that the international practice should be followed in implementing the merger and...

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IMF concerned over delay

The visiting International Monetary Fund mission has expressed concern over delays in introducing the proposed crawling peg for determining the exchange rate...

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Economic headwinds put financial stability at risk

The country has been mired in a prolonged economic crisis due to a lack of reform, leading to decade-high inflation and a persistent shortage of dollars over the past two years. The economic challenges exacerbated by the conflict between...

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Conundrum of Lanka elections and IMF programme

TRACING history and going back to the colonial era, Sri Lanka鈥檚 president Ranil Wickremesinghe has said that despite the adverse impact of world wars and internal conflicts