Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

President Dissanayake has chosen to continue with the current IMF programme, raising concerns about its impact on economic ...

Moody's has placed Sri Lanka's Ca long-term foreign currency rating on review for an upgrade, the credit ratings agency said ...

Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...

Small and medium-sized enterprises (SMEs) are the backbone of Sri Lanka’s economy, accounting for 75% of all active ...

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

The International Monetary Fund (IMF) has emphasized the critical need for high creditor participation in Sri Lanka’s ongoing ...

Sri Lanka has launched an offer for investors to swap $12.5bn of dollar bonds into new reduced debts, in a deal that is expected to end the south Asian nation’s first ever external default.

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

Sri Lanka anticipates an IMF staff-level agreement on its bailout review, crucial for a $337 million fund release. The new ...

The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed ...