IMF tells bankrupt Sri Lanka to tackle corruption, raise taxes ...Middle East

Daily Sun - News
IMF tells bankrupt Sri Lanka to tackle corruption, raise taxes
source : Daily Sun ( Middle East ) () 18
COLOMBO: Sri Lanka should stamp out corruption and substantially raise taxes to rescue its economy, the International Monetary Fund said Thursday after bailout talks with the bankrupt island nation.Representatives from the global lender of last resort have just concluded a 10-day visit to the capital Colombo to map out a resolution to the South Asian country’s unprecedented economic crisis.Their meetings follow months of lengthy blackouts and days-long queues for petrol as a financial crunch leaves Sri Lanka without the funds to meet its energy needs.But the IMF said more work was needed to set the nation’s finances right and repair its runaway fiscal deficit before a deal could be struck on

Read More Details
Finally We wish PressBee provided you with enough information of ( IMF tells bankrupt Sri Lanka to tackle corruption, raise taxes )

Also on site :

Most viewed in News
Oil has jumped on the CNN report Israel is planning to attack Iran nuclear facilities
forex live - before 9 hours & 43 minute
Duff Goldman Reveals His 'Curvy Path' to Getting Healthy After Losing 42 Lbs (Exclusive)
Parade - before 9 hours & 41 minute
Trump accuses Biden’s advisors of treason
Russia Today - before 8 hours & 50 minute
Why is Donald Trump fixated on South Africa?
Aljazeera - before 10 hours & 11 minute
The Latest: US authorities appear to have begun deporting migrants to South Sudan, attorneys say
Independent - before 8 hours & 38 minute
Mariners Select Casey Lawrence, Designate Austin Shenton For Assignment
MLBtraderumors - before 10 hours & 22 minute
Trump says US will put weapons in space as part of ‘Golden Dome’ plan
Aljazeera - before 9 hours & 11 minute
‘EU sanctions against me a signal to all Europeans’ – German journalist
Russia Today - before 11 hour & 10 minute
George Wendt’s Net Worth at the Time of His Death
Parade - before 10 hours & 44 minute
ForexLive Asia-Pacific FX news wrap: Oil spike on talk of Israel preparing attack on Iran
forex live - before 4 hours & 20 minute
Israel says aid trucks entered Gaza, UN sees no sign of distribution
farance 24 - before 10 hours & 35 minute
CNN is reporting that Israel is planning an attack on Iranian nuclear facilities
forex live - before 9 hours & 58 minute


Latest News

BJD Demands 27% Reservation for OBC Students in All Educational Institutions, Govt Empowerment

1 minute

Israel belongs in Eurovision

1 minute

Chicago Med season 11: Release date speculation and latest news

1 minute

Putin visited Russia’s Kursk region for first time since Moscow said it drove out Ukrainian forces

1 minute

LSG arrive at a crucial decision on Rishabh Pant's future after IPL 2025 Elimination

1 minute

Father and son’s Race for Life plea after hundreds join Wolverhampton event

1 minute

Fans Love Lancôme's Juicy Tubes & 2000s Icons Reunion

before minute

Nasdaq Futures Analysis Now with orderFlow Intel at ForexLive.com

before 3 minute

Lasers Designed for Acne and Aging Effective for Rosacea

before 6 minute

South Korea exports fall on tariff woes

before 6 minute

Over 10,000 schools in KP deprived of basic facilities: report

before 7 minute

Beware of dubious websites offering cheap rice, consumer watchdog warns

before 7 minute

China Research Ship 'Loitering' Near Undersea Cables: Report

before 7 minute

UK politics live: Reeves defends ‘necessary’ winter fuel payment cuts amid speculation over U-turn

before 8 minute

A special Hay Festival Exhibition at Old Chapel Gallery, Pembridge near Kington has opened

before 9 minute