IMF official: We are confident that the next step in the IMF plan will be completed through further discussions. A clear path is needed to restore debt sustainability.

IMF official: Sri Lanka has made progress in closing the gap between public revenue and expenditure, but it is still insufficient.

IMF official: Tax collection in Sri Lanka is a concern.

Polish President Duda said that Poland will bid to host the 2036 Olympic Games.

Market news: Toyota plans to build a third factory in India and launch new SUV models.

WTI crude oil stood at $91/barrel, up 1.10% during the day; Brent crude oil rose 0.77%.

Financial Times: The Financial Conduct Authority will launch a review of private market valuations.

International Monetary Fund: Sri Lanka’s full economic recovery remains uncertain.

Malaysian Prime Minister Anwar: Switching to dual 5G networks will allow Huawei to participate more effectively.

Deutsche Bank has hired 10 Credit Suisse employees to expand its wealth business in the Middle East.

IMF: In the face of ongoing uncertainty, it remains important for Sri Lanka to rebuild external buffers through strong reserve accumulation.

International Monetary Fund: Reaffirms commitment to support Sri Lanka.

IMF: Discussions with Sri Lanka will continue to reach near-term working-level agreement.

IMF: Constructed and productive discussions with Sri Lankan authorities on economic performance and policies, based on the first review under the Extended Financing Arrangements.

International Monetary Fund: The overall macro and policy environment remains challenging.

International Monetary Fund staff concludes their visit to Sri Lanka.

International Monetary Fund: Negotiations with Sri Lanka will continue.

Ethereum hit $1,600 per coin, up 0.91% on the day.

Indonesia will form a special working group to oversee the implementation of new e-commerce regulations.

Bank of England: We plan to shorten the transition period to 4.5 years to ensure full implementation by January 1, 2030.