COLOMBO: Sri Lanka's new government has approved a controversial restructure of US$14.7 billion in foreign commercial credit ...

President Anura Kumara Dissanayake has reiterated that Sri Lankan territory would never allowed to be used in a manner ...

Indications are that the Maldivian side, which comprises a huge official delegation and also a separate business team, is now ...

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 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 ...

An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.

India’s Foreign Minister S. Jaishankar has met Sri Lanka’s newly elected President Anura Kumara Dissanayake in the first such ...

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

Sri Lanka's $12.5 billion bondholder debt restructuring has been backed by the IMF and bilateral creditors, including India, China, and Japan. This support provides a significant boost to the ...

Sri Lanka’s new president stuck to his campaign promises of reducing taxes and providing other relief to citizens in his ...

The International Monetary Fund (IMF) confirmed ongoing discussions with Sri Lanka’s newly elected government as part of the nation’s ongoing economic recovery efforts. During a press briefing held on ...