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Colombo: Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country's "dollar crisis" is over, as the International Monetary Fund (IMF) is set to approve a 2.9 billion U.S. dollar bailout package for the country on Monday. more
Sri Lanka Crisis: Anti-government protests continue after military crackdown

Colombo: Two days after Ranil Wickremesinghe was sworn in as the 8th Executive President of Sri Lanka, 14 people including one woman were hospitalised on Friday when the security forces a ...

Sri Lankan crisis highlights risk for Chinese firms investing overseas, feel experts

Beijing: Analysts have cautioned the current political turmoil in Sri Lanka is emerging as a  warning sign for Chinese companies that are planning to invest in overseas markets.

Sri Lanka is warning sign for countries with high debt levels, says IMF Director Kristalina Georgieva

Colombo:  International Monetary Fund Managing Director Kristalina Georgieva has said Sri Lanka has become a warning sign for those countries with high debt levels and limited policy ...

Ensure peaceful and constitutional transfer of power in Sri Lanka, urges UN Resident Coordinator

New York: The head of the UN Country Team in Sri Lanka has urged senior politicians to ensure a peaceful transfer of power in line with the national Constitution, following weeks of prote ...

Sri Lanka: PM declares emergency, protests continue as President Gotabaya Rajapaksa flees to Maldives

Colombo: Hours after President Gotabaya Rajapaksa fled to Maldives, Prime Minister Ranil Wickremesinghe ordered a curfew in the Western Province of Sri Lanka with immediate effect and ord ...

Sri Lanka Crisis: Ex-minister Basil Rajapaksa tried to escape, immigration officials foil his move

Colombo: Sri Lanka's former finance minister Basil Rajapaksa, the youngest brother of President Gotabaya Rajapaksa, was prevented from leaving the country through the Silk Route Passe ...

Sri Lanka: Fuel crisis goes from bad to worse amidst president's decision to resign

Colombo: Fuel queues in Colombo, Sri Lanka's capital, and its suburbs have grown longer stretching as far as eight kilometres each.

Sri Lanka begins talks with IMF and shutdown

Colombo: Sri Lankan government has ordered the closure of the nation's schools and halted all non-essential government services on Monday, France24 reported.

Pakistan following Sri Lanka’s path to find itself in Chinese debt trap: Italian publication

Rome/Islamabad: An Italian publication has revealed that Pakistan, which has also been combating an economic crisis, is following the same path as Sri Lanka which will eventually lead the ...