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 and social stability, the International Monetary Fund (IMF) said on ...

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 raised electricity prices by 66% on Thursday, in a move the government hopes will persuade the International Monetary Fund to provide a bailout for its crisis stricken economy.

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 ...