To unlock Sri Lanka’s long-term potential, capital spending in support of medium-term growth should be executed more predictably. The task ahead is ambitious but doable. Keeping the reform momentum ...

Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary Fund (IMF) as the South Asian nation navigates its worst financial crisis in decades.

WASHINGTON (Reuters) -Sri Lanka has made substantial progress on an IMF-supported economic reform program, but more work is needed to reduce the Asian country's 24.5% poverty rate, tackle ...

Sri Lanka fell into an unprecedented crisis as a result of a series of shocks and policy missteps. Debt rose to unsustainable levels resulting from large fiscal imbalances, and access to international ...

Last month, Sri Lanka’s electricity company cut power to Shanti’s home in a town near Colombo, where she lives with her sixteen-year-old son. Shanthi lost her job last year during a severe ...

Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still faces elevated poverty ...

F or sri lanka’s politicians September 27th was meant to be the light at the end of the tunnel. After more than a year of economic free fall—in which the former president fled protests, gdp ...

Sri Lanka had been seeking a bailout from the International Monetary Fund. In a statement on the weekend, the IMF said it hopes "for a resolution to the current situation" so talks can resume.

But when you have a protest in somewhere like Sri Lanka, everybody slaps on travel advisories." In February, Sri Lanka secured a $3bn (£2.4bn) bailout from the International Monetary Fund.