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 ...

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. Soaring prices, shortages of essential ...

Sri Lanka’s Prime Minister Ranil Wickremesinghe on Saturday said he was willing to resign and make way for an all-party government to take over, shortly after protesters reportedly breached his ...

Sri Lanka said on Thursday it reached an agreement with the Export-Import Bank of China covering about $4.2 billion of outstanding debt, while talks with other official creditors stall.

Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island ...

To unlock Sri Lanka’s long-term potential, capital spending in support of medium-term growth should be executed more predictably. The task ahead is ambitious but doable. Keeping the reform momentum ...

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 ...