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

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

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

Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the ...

ECONOYNEXT – At least 87 foreign projects have resumed under the new government after being halted, President Anura Kumara ...

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

The IMF has stressed the need for Sri Lanka to sustain its reform agenda linked to the global lender's bailout program, ...

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

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

COLOMBO: Sri Lanka's fragile economic recovery could be hampered by threatened trade union strikes over reduced benefits for ...