The meagre wage rises announced in the budget, which do not compensate for soaring inflation, are in line with the IMF’s ...

Sri Lanka’s ex-Central Bank Chief and senior economist this week urged policymakers to maintain a strong focus on structural ...

Sri Lanka secured a $2.9 billion IMF bailout in 2023 after declaring its first sovereign default in April 2022 following an ...

The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Friday, strengthening ...

Sri Lanka and Japan signed agreements on Friday to restructure $2.5 billion worth of debt, completing two years of talks that ...

President Anura Kumara Disanayake held a highly productive virtual meeting with the Managing Director of the IMF, Ms.

Health employees can only defend their wages and allowances and defeat the government attacks in unity with other workers ...

The 2025 budget – the first under President Anura Kumara Dissanayake – reveals a delicate balancing act between adhering to ...

Sri Lanka’s rupee was quoted at 295.40/50 to the US dollar in the spot market Wednesday, from 295.50/55 Tuesday, dealers said, while bond yields were slightly down, during an ongoing auction.

COLOMBO, March 4 (Reuters) - Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the International Monetary Fund to continue with a ...

COLOMBO: IMF chief Kristalina Georgieva pledged to support Sri Lanka's economic recovery, praising the cash-strapped nation's ...