Sustaining Sri Lanka's reform momentum is critical to safeguarding the country's macroeconomic stability, the International ...

De Silva, a senior member of Sri Lanka’s Samagi Jana Balawegaya party and former minister for economic reforms, highlighted ...

The US tariff on Sri Lanka will exacerbate the country’s economic crisis and the already huge IMF-dictated burdens on the ...

Colombo, August 11 (IANS): Recalling India's massive support during Sri Lanka's unprecedented economic crisis, a Lankan MP ...

After 25 years of failed lobbying, Sri Lanka Customs (SLC) is using the Government’s two-thirds power and the International ...

The Colombo Stock Exchange (CSE), in collaboration with the Securities and Exchange Commission of Sri Lanka (SEC) and the stock broking industry, will conduct an 'Invest Sri Lanka' investor forum in ...

Asia Sri Lanka's debt-ridden economy gradually improving, IMF says 2022 economic crisis forced then-President Gotabaya Rajapaksa out of office Associated Press Published March 21, 2024 4:20pm EDT ...

Sri Lanka’s economic crisis has been exacerbated by its reliance on International Monetary Fund (IMF) bailout packages, which ...

The IMF agreed in March of this year to a $2.9 billion bailout package as Sri Lanka negotiates with its creditors to restructure the debt, aiming to reduce it by $17 billion.

Sri Lanka owed Exim $4.1 billion, or 11% of it foreign currency debt, at the end of 2022. Sri Lanka is also in talks over a $2.9 billion IMF bailout.

An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on Sri Lanka's loan programme, a spokesperson said on Tuesday.

COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.