COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, ...

Sri Lanka's economy crumpled under a severe foreign exchange crisis in 2022 but it has made a faster-than-expected recovery, ...

The country’s newly elected president, Anura Kumara Dissanayake, pledged to heal Sri Lanka’s economic woes by the end of his ...

The Cabinet of Ministers has approved the signing of the exchange papers between the Government of Sri Lanka and the ...

Sri Lanka has taken a major step towards finalising its debt restructuring process with Japan, with the Cabinet of Ministers on Monday approving the signing of exchange notes and an amended agreement ...

President Anura Kumara Dissanayake emphasized uniting for economic freedom amidst global challenges during Sri Lanka's 77th Independence Day. The celebrations were modest, reflecting efforts to reduce ...

193.2 bn in December 2024 recording a year-on-year growth of 10.7 per cent During the year up to 31st January 2025, the Sri Lanka rupee depreciated against the US dollar by 1.7 per cent. The gross ...

Chinese loans have piled up for Sri Lanka, accounting for 52% of the island nation’s total foreign debt of $46.9 billion. Between 2000 and 2020 alone, China extended close to $12 billion in ...

Following default on its external debt obligations in April 2022, Sri Lanka had experienced its worst post-independence economic crisis in 2022-2023. While the economy is stabilising now ...

Sri Lanka's leftist president marked the 77th anniversary of his country's independence from the United Kingdom on Tuesday ...

ECONOMYNEXT – IMF Executive Director Dr. Krishnamurthy Subramanian met Sri Lanka President Anura Kuara Disanayake, the ...

Sri Lanka lifted its five-year ban on vehicle imports ... The nation ended its bankruptcy status in December 2023 after debt restructuring deals, following its 2022 default on $46 billion.