Sri Lanka has reached a staff-level agreement with the IMF for a fourth review of its Extended Fund Facility bailout, potentially unlocking...

India discussed early launch of UPI payment system with Sri Lanka and supports its debt restructuring process. In October, Modi announced t...

This initiative, following a Cabinet decision in October, extends to travelers from other key countries, including China, Russia, Malaysia,...

Sri Lanka held talks with the International Monetary Fund on October 16 on the release of a USD 2.9 billion rescue package by the Fund, the...

Sri Lanka needs to restructure nearly $30 billion of debt, and Japan has offered to lead talks with the other main creditors, including Ind...

The Chinese embassy in Colombo sought an urgent meeting with the higher Sri Lankan authorities to discuss the issue after receiving the not...

The petitioner had claimed that these persons were directly responsible for the unsustainability of Sri Lanka's foreign debt, its debt defa...

On Wednesday, the Parliament Speaker said that the President in a telephone conversation had informed that he would tender his letter of re...

The country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending near...

Meanwhile, the anti-government protesters, who are demanding the resignation of President Gotabaya Rajapaksa and Prime Minister Ranil Wickr...

In its first reaction to the massive political turmoil in Colombo, India on Sunday said it stands with the Sri Lankan people in their aspir...

Sri Lanka is hoping for a Rapid Finance Instrument (RFI) facility as well as a larger Extended Fund Facility (EFF) from the international f...

Mahinda Rajapaksa resigned as Sri Lanka's prime minister on Monday amid unprecedented economic turmoil in the country, hours after his supp...

Sri Lanka Freedom Party (SLFP), one of the ruling Sri Lanka People's Party (SLPP) constituent parties, briefed Baglay here on Thursday, on ...

Sri Lanka's finance ministry said in a statement that creditors, including foreign governments, were free to capitalise any interest paymen...

Sri Lanka is said to be in the worst economic crisis since its independence in 1948.

Despite political upheaval, it is in America's interests to continue military collaboration and cooperation with Sri Lankan Forces, US Indo...