Sri Lanka entered 2024–2025 with cautious optimism. After navigating one of the most severe economic crises in its post-independence history, the nation has made meaningful progress toward ..

(Bloomberg) -- Sri Lanka’s inflation eased for the first time in five months in February on the back of a stronger currency and slower gains in food prices. The consumer price index in Colombo rose ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months, ...

The Executive Board of the International Monetary Fund (IMF) approved a disbursement of SDR150.5 million (about US$206 ...

COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a ...

Sri Lanka has made a truly remarkable turnaround since an uprising in 2022, but if the island nation is to achieve sustained and equitable growth, its new government has no room for mistakes, says ...

COLOMBO (Reuters) - Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the ...

Sri Lanka’s debt default – announced in April of last year amid foreign currency shortages that had triggered rolling blackouts, fuel queues, and street protests – has been subject to endless debate ...

Feeling the Squeeze? It Might Be the High Price of Ignoring the Deficit Conservatives’ Health Care Conundrum Trump’s China Chip Deal and the Sale of American National Security It’s the Incentives, ...