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Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout. The...
The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt before a bailout programme could be finalised as anti-government...
The International Monetary Fund will consider providing quick financial assistance to debt-burdened Sri Lanka following representations by India, Sri Lanka’s finance ministry said on Tuesday. A delegation headed by Sri...
Sri Lanka's World Cup-winning cricket captain Arjuna Ranatunga and fellow ex-skipper Sanath Jayasuriya have joined street protests demanding the president step down over the country's economic crisis. Cricket is...
Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external debt during the traditional New Year...
Sri Lanka will need about $3 billion in external assistance in the next six months to help restore supplies of essential items including fuel and medicine, its finance minister told...
Sri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a...
Dozens of Sri Lankan lawmakers walked out of the ruling coalition on Tuesday, leaving President Gotabaya Rajapaksa's government in a minority in parliament as it struggled to quell protests...
Gulf Today Report The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka "very closely" as public unrest in the...
Sri Lanka's president was set to appoint a new cabinet Monday as security forces braced for possible violence with more protests expected against worsening shortages of food, fuel and...
