Tag: Economy

Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said yesterday on the ...

Great importance was given to the African continent in the Presidential announcement on the 75th anniversary of independence where President ...

Although certain parties have accused the Central Bank and the government of artificially strengthening the value of the rupee against ...

Sri Lanka is counting the minutes to Monday, when the International Monetary Fund’s executive board is expected to approve a ...

Investors are betting that Sri Lanka will win final approval for about $2.9 billion bailout from the International Monetary Fund ...

China has set an official economic growth target of “around 5%” for 2023, as it seeks to revive the world’s second-largest ...

Sri Lanka’s default highlights the dangers of relying on international sovereign bonds – with high interest rates – to fund ...

Sri Lanka Central Bank says it would fully lift the guidance peg introduced in last May along with the complete ...

Central Bank raises policy interest rates

Bilateral creditors including China, India, Japan and Paris club member countries have expressed their willingness to restructure their debt amounting ...