Sri Lanka's economic crisis and debt restructuring efforts

Sri Lanka's government rejected a proposal from its international bondholders on Tuesday on restructuring the more than $12 billion the country owes to them. Read More

Sri Lanka debt restructuring stumbles as govt rejects bondholders' proposal

Sri Lanka on Tuesday rejected international bondholders' proposal to restructure more than $12 billion in debt, putting at risk critical International Monetary Fund support and delaying its efforts to ... Read More

A Bridge to Prosperity: Sri Lanka’s Economic Journey

In the realm of economic narratives, Sri Lanka’s recent trajectory has been one of resilience amidst ... However, it also underscores the importance of addressing looming challenges such as high debt ... Read More

Sri Lanka's Economy Shows Signs of Stabilization, but Poverty to Remain Elevated

This has led to households taking on debt to meet food requirements and maintain spending on health and education. “Sri Lanka’s economy is on the road to recovery, but sustained efforts to mitigate ... Read More

Sri Lanka economy

Sri Lanka slapped a new 18 % VAT on fuel, mobile phones and computers from Monday to raise revenue ahead of a foreign debt ... the economic future of Bangladesh through Sri Lanka’s ongoing ... Read More

China Assures Continuous Support To Sri Lanka's Debt Restructuring Process

Chinese Prime Minister Li Qiang assured his Lankan counterpart Dinesh Gunawardena that his country would assist Sri Lanka's debt restructuring process continuously and develop its economy. Read More

Sri Lanka cuts key interest rates as economy rebounds

(Reuters pic) COLOMBO: Sri Lanka’s central bank cut interest rates Tuesday as the country emerged from its worst economic crisis ... foreign creditors over a debt restructure. Read More

Sri Lanka Cuts Key Interest Rates, Seeks China Deal

RECASTS with details of Beijing visit, ADDS China to slug Sri Lanka's central bank cut interest rates Tuesday as the prime minister visited China seeking a debt ... said the economy was rebounding ... Read More

Sri Lanka’s economy shows signs of stabilization, but poverty remains elevated

This has led to households taking on debt to meet food requirements and maintain spending on health and education. “Sri Lanka’s economy is on the road to recovery, but sustained efforts to ... Read More

Sri Lanka

Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service ... Read More

China assures continuous support to debt restructuring process in Sri Lanka

Chinese Prime Minister Li Qiang assured Prime Minister Dinesh Gunawardena that China would assist Sri Lanka’s debt restructuring process continuously and help Sri Lanka to develop its economy. During ... Read More

Sri Lanka’s economy shows signs of stabilization, but poverty to remain elevated

This has led to households taking on debt to meet food requirements and maintain spending on health and education. “Sri Lanka’s economy is on the road to recovery, but sustained efforts to mitigate ... Read More