The heightened fiscal and external risks as well as the challenging political situation pose significant uncertainty to the economic outlook
26 Apr 2022 1:32 PM
Sri Lanka has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times
23 Apr 2022 1:25 PM
The IMF has commended the steps already taken by the Finance Minister to mitigate the present financial situation in Sri Lanka
20 Apr 2022 1:49 PM
Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the Cabinet in order to fulfil the people's aspirations
19 Apr 2022 11:41 AM
The Cabinet appointment came as the island-wide protests continued to force the resignation of the president and his family
18 Apr 2022 12:50 PM
China has extended a $1.3 billion syndicated loan and a $1.5 billion-yuan denominated swap, while negotiations are ongoing for more loans
14 Apr 2022 11:31 AM
The finance ministry said creditors were free to capitalise any interest payments due to them from Tuesday afternoon
12 Apr 2022 12:45 PM
People have been protesting for weeks over lengthy power cuts and shortage of gas, food and other basic goods
08 Apr 2022 10:47 AM
US issued the warning pointing to the fuel and medicine shortages, as well as the COVID-19 and terror threats in the Island nation
07 Apr 2022 11:30 AM
The largest opposition political party rejected the president's proposal of a unity government and termed this spate of resignations a sham
05 Apr 2022 7:46 AM
Political experts said the ministers came under intense pressure from the public over the govt's alleged mishandling of the economic crisis
04 Apr 2022 10:39 AM
Anonymous activists had called for mass protests on Sunday on social media before the order went into effect
03 Apr 2022 11:47 AM
The move came after a violent protest erupted outside the residence of Rajapaksa on Thursday as hundreds of demonstrators gathered there
02 Apr 2022 10:38 AM