Sri Lanka plunged into an economic crisis in 2022, creating severe shortages and drawing strident protests that led to the ouster of then-President Gotabaya Rajapaksa. It declared bankruptcy in ...

Protesters gather in a street leading to the Sri Lankan President's official residence Pradeep Dambarage via Getty Images Sri Lanka’s new president should be able to finish negotiations with the ...

The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn) to help it deal with its worst economic crisis in its history as an independent nation.

Is the worst over for Sri Lanka's economic crisis? 18 July 2023 Getty Images Colombo's public spaces, restaurants and shops are bustling with locals and tourists ...

The status quo—broad-based government interference—only exacerbates inflation and other economic issues in Sri Lanka. The only viable solution is a gradual liberalization of the economy.

But the end product was not subjected to VAT earlier before 2024. Indeewara reported that book sales in Sri Lanka had dropped in recent years because of the economic crisis.

These images show both petrol stations on August 14th. The roads around them are clear. That is not because Sri Lanka had received a big infusion of cash or fixed its economy.

Sri Lanka’s tea industry is crucial to the island’s economy, and among its main exports: tea accounted for $1.3 billion in annual export revenue until the economic crisis hit the island.

Sri Lanka salt crisis leaves consumers hunting ‘for days’ - Shortage of kitchen staple caused by loss of production due to heavy rains ...

Sri Lankan lawmakers chose Prime Minister Ranil Wickremesinghe as president to succeed Gotabaya Rajapaksa who fled the country and resigned by email amid a major economic crisis.

Sri Lanka is facing dire fuel and food shortages amid ongoing economic and political crises. What does that mean for the rest of the world?