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IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes

IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes

© Reuters. FILE PHOTO: Demonstrators shout slogans against Sri Lanka’s President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 23, 2022. REUTERS/Navesh Chitrakar/File Photo (Reuters) – Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International…

World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’

World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’

2/2 © Reuters. FILE PHOTO – Demonstrators shout slogans against Sri Lanka’s President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country’s economic crisis, in Colombo, Sri Lanka, April 23, 2022. REUTERS/Navesh Chitrakar 2/2 By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri Lanka…

Argentina will not modify $45 billion debt with IMF -finance minister

Argentina will not modify $45 billion debt with IMF -finance minister

© Reuters. FILE PHOTO – Demonstrators sit near the National Congress as the senate debates the government’s agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina March 17, 2022. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Argentine economy minister Martin Guzman said late on Friday that a $45 billion debt deal with the International…