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Sri Lanka concludes bilateral consultations with Japan

The Secretary of Foreign Affairs Aruni Wijewardane led bilateral consultations with a senior delegation from the Ministry of Foreign Affairs of Japan led by...

Sri Lanka a ‘warning sign’ for countries with high debt levels and limited policy space – IMF

IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that...

National fuel pass to be upgraded for businesses to register multiple vehicles

Sri Lanka’s Minister of Power and Energy says that the ‘National Fuel Pass’ will be upgraded in the next few days to give an...

Sri Lanka’s economy to contract by more than 6% in 2022 – CBSL governor

Sri Lanka’s economy is likely to contract by more than 6 percent in 2022 as political instability and social unrest affect discussions on financial...

IMF hopes to soon resume Sri Lanka high-level discussions

The International Monetary Fund is still in contact with officials at technical levels within the Sri Lankan government and hopes to be able to...

China Will Agree to Aid ‘At Some Point,’ Sri Lanka Envoy Says

Bloomberg - Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing will agree “at...

Sri Lanka faces shutdown without stable government – CBSL Governor

The governor of Sri Lanka’s central bank, Nandalal Weerasinghe, has warned that the country may shut down if no stable government is formed soon. There...

IMF wants stability in Sri Lanka to resume talks

he International Monetary Fund says that it is deeply concerned about the ongoing crisis, it’s impact on the Sri Lankan people, and particularly the...

Investors continue to cash in on the Sri Lankan apparel sector’s resilience

Investors are cashing in on the strong prospects of Sri Lanka’s apparel and textile exports sector, the country’s main export industry, which caters to...

Sri Lanka’s Bailout Slips Further Away as Nation Misses a Leader

Bloomberg - Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe...

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