SINGAPORE (Reuters) -Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to ...

The office of Sri Lanka's president said the IMF approval will unlock financing of up to $7 billion from the fund and other international multilateral financial institutions.

Sri Lanka’s economic future is being quietly reshaped beneath the surface of fiscal targets and IMF scorecards. ..

Sri Lanka experienced its worst economic crisis in 2022. This crisis stemmed from poor economic management, including ...

By Uditha Jayasinghe COLOMBO (Reuters) -Distress is in store for Sri Lanka's garments sector if the island nation is unable ...

IMF previously said Sri Lanka’s economy is expected to resume growing in 2024 after contracting 3% this year. The expected economic growth of 1.5% next year hinges critically on the economic ...

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its ...

The IMF agreed in March of this year to a $2.9 billion bailout package as Sri Lanka negotiates with its creditors to restructure the debt, aiming to reduce it by $17 billion.

It’s time for Sri Lanka to do the one and only thing that will permanently remove it from the IMF’s intensive-care ward. It should revert to a currency-board system, like the one it had for 66 ...

Sri Lanka's economy is expected to shrink by 8.7% in 2022 with inflation rising above 60%, the IMF said, adding that the impact has hit the poor and vulnerable the hardest.

Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to turn positive around ...