Political compulsions cannot override military requirements. A sensible government won’t give in to unfair demands, regardless of consequences. The Yahapalana government betrayed the war-winning armed ...

High creditor participation in an exchange of defaulted sovereign bonds for new securities is vital for the success of the International Monetary Fund program for Sri Lanka, Managing Director ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

By P Sudhir The National People’s Power (NPP) has won a historic victory in the Sri Lankan Parliament elections. For the ...

The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...

Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling ...

The National People's Power (NPP) has made history. With its unprecedented, record-breaking electoral victory at the general ...

Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to ...

The Local Consortium of Sri Lanka (the “LCSL”), comprised of domestic commercial banks and financial institutions, commits ...

The Democratic Socialist Republic of Sri Lanka (“Sri Lanka”) is pleased to announce the official launch of the exchange (the ...