Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades. The ...

Consumer inflation in Sri Lanka accelerated to 70.2% in August,the statistics department said on Wednesday, as the island nation reels under its worst economic crisis in decades.

Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion Bailout, President Says By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday ...

Sri Lanka uses the PT-6 planes mainly to train new pilots. The air force runs the academy at the China Bay base, a former British air base that came under attack during World War II.

Sri Lanka has to repay about $4 billion worth of debt this year, including a $1 billion international sovereign bond maturing in July. But its reserves dipped to $2.31 billion as of end February ...

Sri Lanka's cabinet has approved loan repayments worth $2.6 billion in the first half of this year, in line with its debt suspension plans, its cabinet spokesperson said on Tuesday.

India (277/7 in 49.1 overs) beat Sri Lanka (275/9) by 3 wickets to seal the three-match series 2-0 Deepak Chahar (69*) finishes the run chase in style, hitting a cracking four off Kasun Rajitha to ...

COLOMBO: Sri Lanka is on the verge of getting 'very positive news' from the International Monetary Fund on a $2.9 billion programme for the country, a government minister said on Tuesday, while a ...

Sri Lanka's annual inflation rate surged to more than 70% in August as it struggles with its worst economic crisis in over seven decades. Official data also showed food prices rose by 84.6% ...

Sri Lanka raises rates, relaxes currency band to secure IMF funds The country is awaiting approval of a $2.9bn IMF bailout package as it endures its worst financial crisis since 1948. Published On ...