Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 pandemic worsened the nation’s economic outlook. Sri Lanka is an island nation in the Indian Ocean ...

Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government ...

Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails. The ongoing economic crisis in Sri Lanka is one of the worst that the world has seen in ...

Hundreds of Sri Lankan protestors recently took to the streets, frustrated with the South Asian country's worst economic crisis in seven decades. As a resident of Sri Lanka's capital, Colombo, it is ...

After an economic collapse and political upheaval, Sri Lankans have become resigned to leaner meals and reduced horizons. By Mujib Mashal and Skandha Gunasekara Reporting from Ibbagamuwa, in Sri Lanka ...

COLOMBO, Dec 15 (Reuters) - Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in ...

Sri Lanka’s tourism industry has commenced its recovery after setbacks suffered due to this year’s economic and political crisis, alongside protest campaigns that ousted President Gotabaya Rajapaksa.

India’s recent efforts build on its previous commitments. Since 2021, it has offered over $4.5 billion in aid. It comes at a ...

(Reuters) -Sri Lanka's economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong rebound from the country's worst financial crisis in decades, The economy ...