COLOMBO — Environmental activists in Sri Lanka are celebrating the end of a 2020 decree that left the island’s nonprotected forests more vulnerable to agriculture and development projects.

The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.

Sri Lanka's garment manufacturers have said higher tariffs — on top of existing customs duties reaching 25 per cent — could ...

COLOMBO, Sri Lanka (AP) — International creditors should provide debt relief to Sri Lanka to alleviate suffering as its people endure hunger, worsening poverty and shortages of basic supplies ...

COLOMBO -- Sri Lanka's diplomatic failure to secure a concrete debt relief framework from China, its largest bilateral lender, is blocking access to desperately needed cash under a $3 billion ...

China said it wanted multilateral lenders to provide debt relief to Sri Lanka as part of a broader restructuring of loans, a demand at odds with other major creditors and likely to slow a pact to ...

The debt crises in Ghana, Sri Lanka, and Zambia share a common theme of policy mismanagement that has given rise to structural imbalances in their respective economies.

COLOMBO (Reuters) - Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from ...

FILE - Sri Lankan president Ranil Wickremesinghe arrives at the parliamentary complex in Colombo, Sri Lanka on Aug. 3, 2022. Sri Lanka’s new government plans Tuesday, Aug. 30, 2022 to present an ...

Sri Lanka expects IMF nod for $2.9bn package after China’s help Nation expects final IMF approval in the third or fourth week of this month, President Ranil Wickremesinghe tells parliament.

Sri Lanka needs to complete the third review of its IMF programme in order to receive about $337 million in funds and support the finalisation of a $12.5 billion debt restructuring with bondholders.