In 2023, as Sri Lanka was reeling from its worst economic crisis in decades, unelected President Ranil Wickremesinghe agreed ...

The true test of leadership is not in securing another bailout, but in building a nation that never needs one again. Fiscal ...

The IMF has approved a $350 million disbursement to Sri Lanka under its $2.9 billion bailout, bringing total support to $1.74 ...

COLOMBO (Reuters) -The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable.

Despite a positive economic outlook, the IMF warns of increased risks in Sri Lanka. The country's progress under the bailout ...

World Sri Lanka’s president makes U-turn on IMF bailout. Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal.

Sri Lanka expects the IMF to announce a staff level agreement on its third review of the country's bailout programme on Friday, President Anura Kumara Dissanayake told the first sitting of the new ...

T he IMF has completed the fourth review of Sri Lanka's $2.9 billion bailout programme, allowing the country to draw a $350 million tranche from the four-year facility.

The International Monetary Fund has approved a new installment of a 3-billion-dollar bailout package for Sri Lanka. 8 Foods to Lower Uric Acid and Protect Your Kidneys 8 mistakes every parent ...

COLOMBO — Sri Lanka’s economy has begun to stabilize after securing a $1.5 billion bailout earlier this year, but the island needs to build its dwindling foreign reserves, the IMF said Saturday.

A nation of 22 million, Sri Lanka was crushed by a 2022 economic crisis triggered by a severe shortage of foreign currency that pushed it into a sovereign default and caused its economy to shrink ...

Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. Leftist President Anura Kumara ...