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 ...

The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn) to help it deal with its worst economic crisis in its history as an independent nation. Soaring prices, shortages of essential ...

Sri Lanka’s access to international capital markets was lost in 2020, prompting a decline of international reserves to critically low levels and large-scale direct lending to the government by the ...

Long gone are the throngs of protesters who occupied an area around the president's office for months during Sri Lanka's worst economic crisis since independence. Instead a slew of carollers sang ...

COLOMBO, April 23 (Reuters) - Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces ...