India starts debt-restructuring talks with Sri Lanka

A Navy officer stands in front of India's and Sri Lanka's national flags as Indian Coast Guard Ship (ICGS) Shoor is in the Colombo port during its visit in Colombo, Sri Lanka

New Delhi September 20, 2022: India said on Tuesday it had started bilateral discussions with Sri Lanka on restructuring the ...

Sri Lanka Reaches Staff-Level IMF Pact for $2.9 Billion Loan

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September 1, 2022

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Colombo September 1 2022: An International Monetary Fund (IMF) mission led by Mr. Peter Breuer and Mr. Masahiro Nozaki visited ...

Sri Lanka Raises Taxes, Announces Reforms to Win IMF Aid

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August 30, 2022

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Colombo August 30 2022: Sri Lanka raised tax rates and announced reforms as it seeks to pull the bankrupt nation ...

Nallathambi Mahendran, 67, a farmer, walks through his paddy field, amid the country's worst economic crisis, in Kilinochchi, Sri Lanka

Sri Lanka faces looming food crisis with stunted rice crop

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August 16, 2022

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Colombo August 16 2022: Nallathambi Mahendran walked through his four acres of emerald green paddy fields in northern Sri Lanka's ...

Sri Lanka economy crisis to get worse before it gets better, PM says

Sri Lanka Inflation Climbs to 60.8% as Dollar Crunch Persists

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July 29, 2022

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Colombo July 29 2022: Sri Lanka’s headline inflation surged to a record in July as food and fuel remained scarce ...

Sri Lanka gets new president in Wickremesinghe, protests muted

Sri Lanka Picks Ousted Leader’s Ally as President, Risking Fury

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July 20, 2022

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Colombo July 20 2022: Sri Lankan lawmakers voted in acting President Ranil Wickremesinghe as the new president on Wednesday, hoping ...

Central banker warns Sri Lanka faces shutdown without stable government

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July 16, 2022

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Colombo July 16 2022: The governor of Sri Lanka's central bank, Nandalal Weerasinghe, has warned that the country may shut ...

Sri Lanka: President Gotabaya Rajapaksa flees the country on military jet

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July 13, 2022

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Colombo July 13 2022: Sri Lanka's President Gotabaya Rajapaksa has fled the country on a military jet, amid mass protests ...

Airport Staff Block Ex-FM Basil Rajapaksa From Leaving Sri Lanka

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July 12, 2022

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Colombo July 12 2022: - Basil Rajapaksa, the former finance minister of Sri Lanka and brother of the outgoing President ...

First fuel in days trickles through to Sri Lankan residents

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July 12, 2022

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Colombo July 12 2022: Limited fuel and gas supplies have resumed in parts of Sri Lanka after a weekend of ...

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