Sri Lanka has nearly completed its debt restructuring process and is set to regain the economic output it lost to the 2022 ...

Sri Lanka’s debt crisis was driven less by macroeconomic shocks than by years of inflated, non-competitive ...

The Central Bank of Sri Lanka has inexplicably maintained high interest rates in a deflationary environment, which increases ...

COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, ...

Sri Lanka’s draft law on public-private partnerships (PPPs) and the restructuring of state-owned enterprises (SOEs), led by ...

COLOMBO, Sri Lanka — Debt-stricken Sri Lanka hosted one of New Zealand's top ministers to discuss ways to deepen bilateral ties in areas such as trade, tourism and agriculture. Winston Peters, New ...

COLOMBO/HONGKONG, July 21 (Reuters) - Sri Lanka's central bank on Thursday said it decided to advance the issue of a $1 billion, 10-year eurobond aiming for a better price before the ongoing debt ...

The dire foreign exchange crisis has worsened with the crisis in eastern Europe. Russia and Ukraine are important markets for Sri Lankan tea and tourism. In addition to foreign debt obligations ...

After a remarkable recovery from a very deep crisis in 2022, Sri Lanka’s recent budget for 2026 consolidates economic stabilisation and introduces a few markers for further growth. But more needs to ...