Sri Lanka will hold detailed discussions with the IMF in Washington regarding a $2.9 billion bailout during the annual meetings in October. The new president, Anura Kumara Dissanayake, aims to ...

Sri Lanka’s newly elected President Anura Kumara Dissanayake on Wednesday unfolded his government’s economic outline amid plans to immediately begin negotiations with the IMF and proceed with ...

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 ...

Sri Lanka aims to bolster its currency reserves and finances through a sprawling plan that includes boosting export earnings repatriation and tax reforms, as well as outside funding, currency ...