Sri Lanka's primary dealers are making excessive use of the central bank's standing facilities to fund their government ...

By Rathindra Kuruwita How future discussions with the International Monetary Fund (IMF) would have to be decided by the ...

By Saman Indrajith It is not feasible to form a new government following the 14 November General Election and pass a budget ...

Sri Lanka’s new president called on Wednesday for restarting talks with the IMF “immediately” over a $2.9 billion bailout that threw a lifeline to his bankrupt country but imposed painful austerity.

Marxist politician Anura Dissanayake won Sri Lanka’s presidential election over the weekend, dealing a blow to a political ...

Anura Kumara Dissanayake won election on promises to challenge IMF deal, cut taxes and crack down on corruption ...

The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 September 2024, decided to maintain the ...

On 21 September, Lankans elected into office a new President who campaigned on an anti-corruption platform and renegotiating with the IMF. Presently 25 percent of our people are living below the ...

The IMF’s executive board approves a $7 billion 37-month loan agreement, backed by significant financial assurances from ...

Following his election victory in Colombo among the new president's priorities are negotiations with the International ...

Sri Lanka's central bank kept interest rates unchanged on Friday in line with expectations as the island nation waits for ...

The new president is an ordinary citizen in social terms with no pretensions to public display of power, taste, wealth or ...