Sri Lanka and Japan agreed on Saturday to work to resume stalled bilateral projects including a $1.5 billion Japanese-funded ...
Sri Lanka will consult with the International Monetary Fund (IMF) to assess if the latest proposals discussed with ...
COLOMBO, Sri Lanka, May 5 ― Strategically placed Sri Lanka’s economic recovery was essential for stability in the ...
Sri Lanka maintains financial discipline, servicing multilateral debt despite its 2022 default. Despite unpopular decisions, authorities prioritize economic recovery and continue repaying debt to ...
Sri Lanka secured a $2.9 billion four-year bailout loan from the International Monetary Fund in March last year after defaulting on its external debt in 2022 during an unprecedented economic crisis.
Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State ...
The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects ...
Sri Lanka has announced plans to hand over the management of its Mattala Rajapaksa International Airport (MRIA) to Indian and ...
Sri Lanka will consult with the IMF to assess if the latest proposals discussed with bondholders were within the parameters ...
Sri Lanka’s consumer price inflation dropped to 2.5 per cent in March from 5.1 per cent in February, official data showed on ...
Ebrahim Raisi, the first Iranian leader to visit Sri Lanka since 2008, says the project marks his country’s ability to share ...