Sri Lanka economy
Sri Lanka's leftist government secures $200m World Bank loan
The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash
Sri Lanka approves controversial foreign debt deal
President Anura Kumara Dissanayake said his government would honour his predecessor's deal
Sri Lanka to review sovereign bond restructure deal
Restructuring the debt is a cornerstone of the International Monetary Fund rescue plan Sri Lanka agreed to last year after an unprecedented economic crisis
IMF says ready for talks with Sri Lanka's new leftist government
IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said
Sri Lanka frontrunner won't tear up IMF deal: party
The party of a Marxist leader on track to win Sri Lanka's presidential vote vowed Sunday not to scrap the country's unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it
Cash-strapped Sri Lanka eyes China development
Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend
Sri Lanka holds rates to manage inflation, foster economic stability
Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check
Sri Lanka recovering but poverty enduring: World Bank
Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty
China reaffirms financial support for Sri Lanka
Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt
Sri Lanka's leftist government secures $200m World Bank loan
The loan announced on Monday, which follows an earlier $500 million World Bank loan after the 2022 economic crash
Sri Lanka approves controversial foreign debt deal
President Anura Kumara Dissanayake said his government would honour his predecessor's deal
Sri Lanka to review sovereign bond restructure deal
Restructuring the debt is a cornerstone of the International Monetary Fund rescue plan Sri Lanka agreed to last year after an unprecedented economic crisis
IMF says ready for talks with Sri Lanka's new leftist government
IMF is ready to discuss its controversial $2.9 billion bailout programme for Sri Lanka with the country's new government, a spokesman said
Sri Lanka frontrunner won't tear up IMF deal: party
The party of a Marxist leader on track to win Sri Lanka's presidential vote vowed Sunday not to scrap the country's unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it
Cash-strapped Sri Lanka eyes China development
Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend
Sri Lanka holds rates to manage inflation, foster economic stability
Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check
Sri Lanka recovering but poverty enduring: World Bank
Crisis-hit Sri Lanka will return to growth this year, the World Bank said Tuesday, but around a quarter of the country's citizens will remain living in poverty
China reaffirms financial support for Sri Lanka
Sri Lanka's years-long economic crisis was high on the agenda during Gunawardena's trip, with China accounting for around 10 percent of the South Asian country's total foreign debt
Sri Lanka cuts key interest rates as economy rebounds
The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent