The Business Times

Anura Kumara Dissanayake

International

Sri Lanka expects economy to grow at 5%, repay all debt, Dissanayake says

This handout photograph taken on September 25, 2024, and released by Sri Lanka's President Office shows the country's newly elected President Anura Kumara Dissanayake, as he addresses the nation in Colombo. Sri Lanka's new president called on September 25, for restarting talks with the IMF "immediately" over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity. (Photo by Sri Lanka's President Office / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /Sri Lanka's President Office" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS
International

Sri Lanka's president makes U-turn on IMF bailout

Sri Lanka's Prime Minister Harini Amarasuriya speaks with mthe media after casting her vote, on the day of the parliamentary election, in Colombo, Sri Lanka, November 14, 2024. REUTERS/Stringer
International

Sri Lanka reappoints Amarasuriya as prime minister

epa11722010 People watch election results displayed on a giant screen at a ballot counting center the day after the parliamentary election, in Colombo, Sri Lanka, 15 November 2024. Polling ended peacefully, with a turnout of 65 percent. More than 17.1 million people were registered to vote to elect 225 members to form a new parliament. According to the latest official results, the Marxist-leaning National People's Power (NPP) alliance, led by President Anura Kumara Dissanayake, is in the lead with more than two-thirds of the seats in Parliament. President Dissanayake dissolved parliament on September 24 after securing victory in the first presidential election since the mass protests and political turmoil triggered by the country's economic collapse in 2022. EPA-EFE/CHAMILA KARUNARATHNE
International

Landslide win for Sri Lanka president's leftist coalition in snap polls

President Anura Kumara Dissanayake remains committed to the overall objectives of the IMF’s US$3 billion loan programme, but they should be achieved “through alternative means that relieves the burden of the people.”
International

IMF asks Sri Lanka to protect hard-won gains

Sri Lanka's new president, Anura Kumara Dissanayake (top), an avowed Marxist, had criticised Wickremesinghe during the campaign for not securing better deals with international creditors and vowed to renegotiate if elected.
International

Sri Lanka to review sovereign bond restructure deal

In a special gazette, Sri Lanka President Anura Kumara Dissanayake ordered the parliamentary election to be held on Nov 14 and for the new legislature to meet on Nov 21.
International

Sri Lanka president dissolves parliament, calls early poll

epa11620338 A handout photo made available by the Sri Lanka President Media shows Sri Lanka's new president, Anura Kumara Dissanayake, addressing the nation after he was sworn in at the presidential secretariat in Colombo, Sri Lanka, 23 September 2024. EPA-EFE/SRI LANKA PRESIDENT MEDIA DIVISION / HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES
International

Sri Lanka's new leader appoints 3-member-Cabinet ahead of expected snap polls

Sri Lanka's new president Anura Kumara Dissanayake faces huge challenges as his promises to change the parameters of the IMF bailout and the way it determines how much debt is sustainable, could delay new money from the IMF and also force lenders to renegotiate debt deals.
International

Dissanayake's push for Sri Lanka economic change leaves IMF deal, debt rework in limbo

“We look forward to working together with President Dissanayake and his team towards building on the hard-won gains that have helped put Sri Lanka on a path to economic recovery,” says the IMF.
International

IMF to work with Sri Lanka leader on US$3 billion loan

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