Sri Lanka's president visits India amidst concerns over China's influence and economic crisis, as India aids the island nation while maintaining its own interests in the...
Central bank chief Nandalal Weerasinghe warns that Sri Lanka's economic crisis is its last chance for recovery, after facing years of mismanagement and debt. With an...
Sri Lanka's president has warned of more economic pain as the country undertakes strict austerity measures to restore its finances after an IMF bailout deal. The...
Sri Lanka saw hospitals, ports, and banks crippled by a nationwide strike over high-income taxes imposed as a precondition for an IMF bailout. Armed troops were...
Sri Lanka hopes that an IMF bailout approved in September 2020 will be finalised, allowing foreign aid for projects suspended since last year to be unfrozen....
China has agreed to restructure its loans to Sri Lanka, clearing the final hurdle to an IMF bailout. The IMF is expected to release the first...
COLOMBO, SRI LANKA — Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project...
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