IMF approves $206mn aid to Sri Lanka after Cyclone Ditwah Published 19 Dec, 2025 11:12pm The natural disaster killed more than 640 people, and affected more than 10 percent of Sri Lanka’s population
Sri Lanka unveils cyclone aid plan as rains persist Published 07 Dec, 2025 02:38am COLOMBO: Disaster-hit Sri Lanka has unveiled a major compensation package to rebuild homes damaged by a deadly...
Sri Lanka says Adani port project to continue despite US charges Published 13 Dec, 2024 01:41pm COLOMBO: Indian conglomerate Adani Group’s port project in Sri Lanka will go ahead despite US charges against its...
Sri Lanka welcomes US sanctions on former ruling clan Published 10 Dec, 2024 01:36pm COLOMBO: Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling...
Sri Lanka president to visit India in first overseas trip Published 10 Dec, 2024 01:20pm COLOMBO: Sri Lankan President Anura Kumara Dissanayake will travel to India on Sunday for talks with Prime Minister...
Sri Lanka to ink debt deals by year’s end: minister Updated 05 Dec, 2024 05:13pm COLOMBO: Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the...
Sri Lanka kicks off much-delayed $12.5bn bond deal Published 28 Nov, 2024 07:26am COLOMBO: Sri Lanka said Tuesday it would honour a deal secured by its predecessor to restructure $12.55 billion in...
Sri Lanka’s president makes U-turn on IMF bailout Published 22 Nov, 2024 03:03am COLOMBO: Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election...
Sri Lanka debt talks stall as deadline looms Published 17 Apr, 2024 05:28am COLOMBO: Bankrupt Sri Lanka said Tuesday it had failed after three weeks of talks to reach an agreement with its...
IMF staff to visit Sri Lanka in Sept for first programme review Published 15 Aug, 2023 11:38pm LONDON: An International Monetary Fund (IMF) staff team will visit Colombo in a month's time for the first review on...
Sri Lanka to start next round of talks with creditors in April Published 22 Mar, 2023 12:57pm COLOMBO: Sri Lanka will kick off the next round of talks with creditors in the third week of April, President Ranil...
IMF bailout not a silver bullet for Sri Lanka, says Moody’s Analytics Published 21 Mar, 2023 12:43pm MUMBAI: Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and...
Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust Published 21 Mar, 2023 11:10am COLOMBO: When Ranil Wickremesinghe took over as Sri Lanka’s president in July after a popular uprising ousted his...
Debt-stricken Sri Lanka to receive first tranche of IMF bailout funds in two days Updated 21 Mar, 2023 12:18pm COLOMBO: Sri Lanka will get the first $330 million tranche of the International Monetary Fund’s bailout in the next...
IMF approves Sri Lanka's $2.9bn bailout Published 20 Mar, 2023 10:55pm COLOMBO: Sri Lanka's president said Monday that the International Monetary Fund has approved its request for a $2.9...