Sri Lanka reaches debt restructuring agreement with bondholders, providing relief to the cash-strapped nation.

COLOMBO: Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund ...

Leftist leader Anura Kumara Dissanayake won last month’s presidential election promising to reverse steep tax hikes, raise ...

Sri Lanka has recently elected Anura Kumara Dissanayaka as its new president. The election was critical for Sri Lanka for three reasons—first, it was the first presidential election since the ...

Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...

President Anura Kumara Dissanayake had called for better terms, but after two days of talks with an IMF delegation in Colombo ...

Sri Lanka's government announced that, following the Agreement in Principle reached with representatives of its international and local holders of International Sovereign Bonds, the Sri Lankan authori ...

The debt restructuring is a key International Monetary Fund demand to rebuild the island’s economy, which suffered its worst ...

The Ministry of Finance stated that Sri Lanka has successfully completed consultations with the Official Creditor Committee ...

The IMF responded by highlighting the importance of sustaining economic recovery efforts, which have led to revived growth, ...