Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social stability, the International Monetary Fund (IMF) said on ...

Last week, U.S. President Donald Trump wrote to his Sri Lankan counterpart, Anura Kumara Dissanayake, informing him that the United States will impose a 30 percent tariff on all Sri Lankan exports ...

Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.

F or sri lanka’s politicians September 27th was meant to be the light at the end of the tunnel. After more than a year of economic free fall—in which the former president fled protests, gdp ...

Sri Lanka fell into an unprecedented crisis as a result of a series of shocks and policy missteps. Debt rose to unsustainable levels resulting from large fiscal imbalances, and access to international ...

Last month, Sri Lanka’s electricity company cut power to Shanti’s home in a town near Colombo, where she lives with her sixteen-year-old son. Shanthi lost her job last year during a severe ...

At the request of the authorities of Sri Lanka, an interdepartmental (LEG/FAD/MCM, FIN) Governance Diagnostic Assessment (GDA) mission was conducted during March 20 - March 31, 2023. In line with the ...