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Last week, U.S. President Donald Trump wrote to his Sri Lankan counterpart, Anura Kumara Dissanayake, informing him that the ...
Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic ...
Sri Lanka is paying some foreign debts with tea, rather than cash. But an abrupt ban on chemical fertilizers has hurt crop yields and tea pickers are losing hours and wages as food prices double.
Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.
Sri Lanka is - I mean, we should not have come to this level. WONG: Earlier this month, Sri Lanka stopped foreign debt payments. This is the first time in the country's history as an independent ...
Sri Lanka defaulted on its debt last spring, and it is now in discussions with the International Monetary Fund over a bailout package that could inject $2.9 billion in much-needed cash into its ...
Sri Lanka has more than 2 million farmers and up to 70% of its 22 million people are directly or indirectly dependant on agriculture. NO RESPITE During the main rice cultivation season in 2019 ...
This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International Monetary Fund (IMF). In the two years since its inception difficult but much needed ...
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 ...
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