COLOMBO: Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund ...

Sri Lanka reaches debt restructuring agreement with bondholders, providing relief to the cash-strapped nation.

Leftist leader Anura Kumara Dissanayake won last month’s presidential election promising to reverse steep tax hikes, raise ...

President Anura Kumara Dissanayake had called for better terms, but after two days of talks with an IMF delegation in Colombo ...

Sri Lanka's government announced that, following the Agreement in Principle reached with representatives of its international and local holders of International Sovereign Bonds, the Sri Lankan authori ...

The debt restructuring is a key International Monetary Fund demand to rebuild the island’s economy, which suffered its worst ...

Sri Lanka has recently elected Anura Kumara Dissanayaka as its new president. The election was critical for Sri Lanka for three reasons—first, it was the first presidential election since the ...

However, Kozack reiterated that Sri Lanka’s performance under the programme is strong, and reform efforts are bearing fruit ...

The International Monetary Fund (IMF) said that it will continue its close engagement with Sri Lanka's economic team to set a date for the third review of the IMF-supported program. An IMF team led by ...

Sri Lankan authorities have completed their consultations with Sri Lanka's Official Creditor Committee and the International ...