Inflation jumped as high as 38 per cent in May 2023, as the country navigated reforms as part of an International Monetary ...
Sri Lanka maintains financial discipline, servicing multilateral debt despite its 2022 default. Despite unpopular decisions, authorities prioritize economic recovery and continue repaying debt to ...
Foreign Minister Ishaq Dar is now Finance Minister Muhammad Aurangzeb's boss. The ex-banker is out of options, but does it ...
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 ...
Pakistan narrowly avoids bankruptcy with a $1.1 billion IMF loan. Experts call for urgent reforms to reduce dependency on ...
Pan Asia Banking Corporation PLC reported a steady performance reflecting improved macro-economic conditions as the Bank ...
An Indian firm jointly taking over the management of China-built country's second biggest airport in Hambantota - one of the ...
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 ...
An Indian firm jointly taking over the management of China-built country's second biggest airport in Hambantota - one of the ...
Mattala Rajapaksa International Airport in Hambantota opened in 2013 but was immediately plagued by problems. The project was ...
Sri Lanka has announced plans to hand over the management of its Mattala Rajapaksa International Airport (MRIA) to Indian and ...