Sri Lanka
Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity. A decisi...
Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel. An economic crisis unp..
Sri Lanka's new prime minister will begin forming a unity government on Friday, but his appointment has failed to appease anti-government protesters demanding the resignation of the president for the country's disastrous economic crisis.
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Sri Lanka gave emergency powers on Tuesday to its military and police to detain people without warrants, after a day of clashes that killed seven people and injured more than 200, in violence that prompted Prime Minister Mahinda Rajapaksa to resign. ..
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The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country's finance ministry said on Sunday. Sri Lanka has requested foreign-exchange liquidity support for state b..
Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said on Tuesday, as Colombo struggles with its worst financial crisis in decades. China has suggested to Colombo that it would prefer to refinance the debt,..
The International Monetary Fund said on Saturday that its staff held "fruitful technical discussions" with Sri Lankan authorities on the crisis-wracked country's request for an IMF-supported loan program this week. The Fund said in a..
Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing one person and injuring a dozen more, as the country sought rapid financial assistance from the International Monetary Fund (IMF) to ease a worsening economic crisis. ..
Sri Lanka, an island nation of 22 million, is facing an economic and political crisis, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse. Driving the discontent is the worst economic downt..
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