Sri Lanka maintains financial discipline, servicing multilateral debt despite its 2022 default. Despite unpopular decisions, authorities prioritize economic recovery and continue repaying debt to ...
Sri Lanka’s Cabinet of Ministers on Friday approved a new legislative bill, endorsed by the International Monetary Fund (IMF) that will allow the state to confiscate any property or proceeds ...
Sri Lanka has announced plans to hand over the management of its Mattala Rajapaksa International Airport (MRIA) to Indian and ...
Sri Lanka will consult with the IMF to assess if the latest proposals discussed with bondholders were within the parameters of its bailout program. The International Monetary Fund (IMF ...
Sri Lanka is facing a significant drug issue ... as the economic reforms he had to implement under the strict bailout conditions of IMF remain unpopular. Waging a drug war, which requires showcasing ...
Sri Lanka’s consumer price inflation dropped to 2.5 per cent in March from 5.1 per cent in February, official data showed on ...
Sri Lanka has approved a new law backed by the International Monetary Fund that allows the state to seize proceeds of crime, a cabinet spokesperson said on Friday. The new law was proposed as part of ...
The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects ...
Pakistan narrowly avoids bankruptcy with a $1.1 billion IMF loan. Experts call for urgent reforms to reduce dependency on ...
Sri Lanka has leased its underutilized Mattala Rajapaksa International Airport, built with Chinese loans, to a joint venture ...
The Uma Oya project was scheduled for completion in 2015 but was delayed by sanctions, technical issues and the COVID ...
Sri Lanka will consult with the IMF to assess if the latest proposals discussed with bondholders were within the parameters of its bailout program. The island nation defaulted on its foreign debt in ...