India is wary of over-dependence on the dollar. So, the RBI has increased gold purchases. To partially de-risk its trade ties ...
The country has consistently sought emergency funding from the IMF, given its precarious financial situation ... The bulk of ...
Wickremesinghe’s deal with the IMF earlier came under severe opposition criticism; Wickremesinghe’s campaign theme, “Sri Lanka Can”, is a spin on the decades-old “Ranil Can’t”. He claims credit, ...
Over Rs. 1402 billion was allocated through the VOA for maintaining government services and continuing ongoing projects.
This made the successful completion of the bond exchange of paramount importance to the sustainability of sovereign debt and the recovery of the economy. It is expected that governance reforms, ...
U.S. Assistant Secretary for South and Central Asian Affairs Mr. Donald Lu, paid a courtesy call on Prime Minister Dr. Harini ...
Says gradual cut will minimise risk, create fiscal space to relieve pressure on overtaxed sectors, including salaried ...
What’s the latest Scam, Uncle IMF Sam? Why, why, why is the USA rushing so many US Democratic-Party-allied functionaries, one after another, into Sri Lanka – their pivot within their ‘pivot to Asia’?
U.S. Assistant Secretary of State for South and Central Asian Affairs, Mr. Donald Lu, paid a courtesy call on Prime Minister ...
Sri Lanka's interim budget for the first four months of 2025 was approved in parliament on Friday, covering debt servicing ...
The interim budget covering the first four months of 2025 was approved in parliament on Friday without a vote at the end of a two-day debate. After last month's parliamentary election, the President ...
Sri Lanka has pledged to finalize its long-delayed foreign debt restructuring by the end of December, in line with strict ...