Sri Lanka will consult with the International Monetary Fund (IMF) to assess if the latest proposals discussed with ...
The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects ...
The International Monetary Fund (IMF) stands ready to support Sri Lanka's discussions with international bondholders and will ...
Bankrupt Sri Lanka said Tuesday it had failed after three weeks of talks to reach an agreement with its sovereign bondholders, a key condition for maintaining an International Monetary Fund bailout.
In April 2022, Sri Lanka faced protests over scarcity of essentials, chaotic resignations, a first-ever sovereign debt default and began bailout talks with the IMF. Though improvements have been seen, ...
Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet ...
A Russia-India joint venture will operate Sri Lanka’s loss-making Mattala Rajapaksa International Airport in Hambantota, a ...
Sri Lanka is looking forward to making progress in ending the ongoing debt restructuring negotiations at the IMF and the ...
Sri Lanka continues to engage all debt restructuring negotiations in good faith, within principles of equitable treatment ...
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 ...
Iranian President Ebrahim Raisi has arrived in Sri Lanka to inaugurate a hydropower and irrigation project that was long ...
The Uma Oya project was scheduled for completion in 2015 but was delayed by sanctions, technical issues and the COVID ...