Achieving IMF program targets and ensuring macroeconomic stability (objective 1) is excellent news. But does this mean that ...

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, ...

COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a ...

COLOMBO, Sept 19 (Reuters) - Sri Lanka's government said on Thursday it has agreed to a preliminary deal with its creditors to restructure about $12.5 billion in international bonds. The agreement ...

COLOMBO, Sri Lanka — Debt-stricken Sri Lanka hosted one of New Zealand's top ministers to discuss ways to deepen bilateral ties in areas such as trade, tourism and agriculture. Winston Peters, New ...

LONDON (Reuters) - Sri Lankan dollar bonds fell sharply on Monday as investors worry an election win by Anura Kumara Dissanayake could see him revisit the terms of the country's International Monetary ...

The dire foreign exchange crisis has worsened with the crisis in eastern Europe. Russia and Ukraine are important markets for Sri Lankan tea and tourism. In addition to foreign debt obligations ...

Sri Lanka’s Opposition Leader Sajith Premadasa has called for a deeper and more dynamic partnership with India, stressing ...

On September 21, National People’s Power (NPP) leader Anura Kumara Dissanayake won Sri Lanka’s eighth presidential election. Two days after being sworn in as the president, Dissanayake dissolved the ...