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 ...
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, ...
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will ...
Letter: The Jubilee 2000 saw $130bn of debt written off, and yet we now find ourselves in a renewed global debt crisis, says ...
Having hit a roadblock with international bondholders, uncertainty looms over the economy of crisis-hit Sri Lanka and an upcoming review by the International Monetary Fund (IMF), experts warn ...
2023 Marketscategory Sri Lanka raises rates, relaxes currency band as it seeks to secure IMF bailout Sri Lanka's central bank raised interest rates on Friday to tackle inflation and said it would ...
The Uma Oya project was scheduled for completion in 2015 but was delayed by sanctions, technical issues and the COVID ...
Iranian President Ebrahim Raisi has arrived in Sri Lanka to inaugurate a hydropower and irrigation project that was long ...
The US has more than 750 military bases around the world and it may be time for the rest of the world to follow the example of the Niger Junta and call for an end to environmentally destructive ...
“In the 80 years since the creation of the Bretton Woods Institutions, many countries remain stuck in a cycle of debt crisis ...