Economic conditions in debt-stricken Sri Lanka improving, IMF says

The economic ... Prime Minister Ranil Wickremesinghe was appointed as president. Since then, he has managed to restore electricity, and shortages of essentials have largely abated. Sri Lanka’s ... Read More

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. It means a near two-year spell in default ... Read More

Sri Lanka's debt-ridden economy gradually improving, IMF says

The economic ... Prime Minister Ranil Wickremesinghe was appointed as president. Since then, he has managed to restore electricity, and shortages of essentials have largely abated. Sri Lanka’s ... Read More

Sri Lanka PM Says China To Develop Strategic Infrastructure

Sri Lanka's prime minister said Wednesday that China has pledged to develop the island nation's strategic deep ... and help Sri Lanka to develop its economy". Gunawardena said Beijing had offered ... Read More

Will build a Sri Lanka that the youth aspire – President

President Ranil Wickremesinghe expressed his firm conviction in his ability to shape the Sri Lanka that the nation’s youth envision. Embracing the daunting task of revitalizing Sri Lanka’s faltering ... Read More

Sri Lanka economy

But in recent times, the island nation has ... s future shouldn’t be measured through Sri Lanka’s situation’ Planning Minister MA Mannan today said that measuring and assessing the economic ... Read More

Sri Lanka holds its breath as new PM fights to save economy

(AP Photo/Eranga Jayawardena) COLOMBO, Sri Lanka (AP) — It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri ... camped outside Rajapaksa’s office demanding he ... Read More

China Says Sri Lankan Prime Minister To Visit Next Week

Sri Lankan Prime Minister ... of President Xi's bid to expand China's clout overseas. China also announced on Friday that the foreign minister of Nepal, another South Asian nation with close ... Read More

Sri Lankan Prime Minister Arrives In China For State Visit

Sri Lankan Prime Minister Dinesh Gunawardena ... scrutiny during Sri Lanka's years-long economic crisis. Beijing accounts for around 10 percent of the island nation's total foreign debt. Read More

IMF says the economic situation in debt-stricken Sri Lanka is gradually improving

The economic ... Prime Minister Ranil Wickremesinghe was appointed as president. Since then, he has managed to restore electricity, and shortages of essentials have largely abated. Sri Lanka’s ... Read More

Sri Lankan prime minister to visit next week, says China

Sri Lankan Prime Minister ... of President Xi's bid to expand China's clout overseas. China also announced on Friday that the foreign minister of Nepal, another South Asian nation with close ... Read More

IMF says the economic situation in debt-stricken Sri Lanka is gradually improving

Sri Lanka's year-on-year economic expansion ... In July 2022, then-Prime Minister Ranil Wickremesinghe was appointed as president. Since then, he has managed to restore electricity, and shortages ... Read More