COLOMBO: Sri Lanka’s consumer prices climbed 0.3% year-on-year in June after a 0.6% rise in May, official data showed on ...

Sri Lanka’s economic crisis is driving millions of people into poverty, jeopardizing their rights to health, education, and an adequate standard of living.

Sri Lanka, which plunged into financial crisis due to a record shortage of dollars three years ago, has recovered strongly since securing a $2.9 billion four-year program from the global lender in ...

For weeks, Sri Lanka has been battling its worst economic crisis since the island nation gained independence in 1948, leaving food, fuel, gas and medicine in short supply, and sending the cost of ...

Sri Lanka, an island of 22 million people, continues to be in the grip of its worst economic and political crisis since independence on 10 February 1948.

Sri Lanka’s new president Ranil Wickremesinghe, then prime minister, said late last month that the island nation’s debt-laden economy had “collapsed” as it runs out of money to pay for ...

Gotabaya Rajapaksa may be gone, but Sri Lanka is still struggling with a ruinous financial crisis, and experts said things are likely to get worse before they get better.

Sri Lanka, the small teardrop-shaped island where my parents are from, is facing an unprecedented economic crisis. Niranda Perera, a 32-year-old Indiana University Ph.D. student from Nugegoda, a ...

What can be done to end Sri Lanka’s economic crisis? It should adopt a currency board, like the one it had from 1884 to 1950, before it changed its name in 1972 from Ceylon to Sri Lanka.

The old president has fled, the new one is just as unpopular, and a state of emergency is in place as Sri Lanka weathers the worst economic crisis in its history.. The island nation known as the ...

For weeks, Sri Lanka has been battling its worst economic crisis since the island nation gained independence in 1948, leaving food, fuel, gas and medicine in short supply, and sending the cost of ...