Sri Lanka's cabinet has approved increasing the minimum wage by 40%, a top official said on Tuesday, to support workers ...
Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt restructuring deal ...
The International Monetary Fund (IMF) announced on March 21, 2024, that it has reached a staff-level agreement with Sri Lanka ...
Sri Lankan PM Dinesh Gunawardena said China, the island’s biggest bilateral creditor, would also ‘assist’ in restructuring ...
Prime Minister Dinesh Gunawardena said Premier Li Qiang had promised Beijing would also help the South Asian nation’s debt ...
Sri Lanka was optimistic about resolving its debt restructuring issues in the second quarter to secure financing from the International Monetary Fund (IMF), as external creditors are reportedly ...
Sri Lanka’s Prime Minister said on March 27 that China has pledged to develop the island nation’s strategic deep sea port and ...
Prime Minister Dinesh Gunawardena said China -- the island's biggest bilateral creditor -- would "assist" Sri Lanka's ...
Prime Minister Dinesh Gunawardena said China — the island’s biggest bilateral creditor — would “assist” Sri Lanka’s ...
Sri Lanka's Prime Minister disclosed that China has committed to enhancing the island nation's vital deep sea port and the ...
Even as Sri Lanka is showing early signs of economic ... survive the burden of harsh austerity measures imposed by the IMF’s bailout programme. Although the IMF prescribes social safety nets ...