In a critical update to the ongoing litigation between Hamilton Reserve Bank Ltd. (HRB) and the Democratic Socialist Republic of Sri Lanka, the Court has set deadlines to address Sri Lanka’s motion ...

Ranil Wickremesinghe (and his CBSL chief) turn the debt problem into a ticking debt-bomb with the ISB surge at tail-end of Prime Ministerial tenure (2015-2019). ( ) Act II: President Gotabaya ...

ECONOMYNEXT – Sri Lanka’s ruling Marxists-leaned National People’s Power (NPP) has never said to change the International ...

The Dissanayake government, which is committed to implement the IMF’s austerity agenda, has made clear that it will ...

Sri Lanka's consumer prices fell by 2.1 percent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday.

The leading contenders to replace 80-year-old President Nana Akufo-Addo, who is stepping down after two terms at the helm of ...

Good morning, ladies and gentlemen. Thank you very much for joining us today, and welcome to the IMF Press Briefing. I am Martha Woldemichael. I'm the IMF Resident Representative based here in Colombo ...

COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri ...

Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

Countries including Sri Lanka, Yemen, Lebanon, Venezuela ... in the World in 2024 and 25 Fastest Growing Economies in the ...