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Bharat Express News Network


Semasinghe while appreciating the support of India in difficult times said that "India helped us to get a good rating from IMF and that told the world that Srilanka is back in business."

The IMF research indicated that emerging and developing economies, particularly those in Asia, will be the main forces behind global growth this year as established economies slow.

Gold reserves dropped by $324 million to $45.049 billion, the RBI said.

India has transformed in less than a decade' is spot on in its nuanced analysis of the Indian economy.

Recently, Sri Lanka’s High Commissioner to India Milinda Moragoda had an interactive session with the New Delhi-based Trade Commissioners/ Commercial Diplomats concurrently accredited to Sri Lanka today at the High Commission premises.

PM Modi also highlighted that forex reserves are scaling new heights. "You are well aware of India's FinTech revolution," he said.

The IMF has rejected the cash-strapped Pakistani government's assertion that it has satisfied all requirements to reach an agreement with the international financial organisation to release funds under an already agreed-upon loan facility.

“We realised that 2020-2021 has been actually a lot better than we thought,” IMF economist Daniel Leigh said at a press briefing, responding to a question from the media query.

IMF Urges Asian Central Banks, Including RBI, to Maintain Tight Monetary Policies

India is expected to be the fastest-growing major economy in 2023, according to both the IMF and the World Bank.