Sri Lanka has not made sufficient progress in economic reforms and tax collection for the International Monetary Fund (IMF) to release the second tranche of $330 million in bailout funds.

Stop use of post-dated cheques in Sri Lanka The incidence of post-dated cheques in Sri Lanka is quite high, according to Central Bank Deputy Governor Priyantha Fernando. Elaborating, he noted that ...

Sri Lanka has so far failed to make enough progress in boosting tax collection and other economic reforms for the International Monetary Fund to release a second tranche of $330 million in the ...