"Only option is to seek IMF support", Sri Lankan President

Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the...

India extends aid worth USD 3.9 billion to help Sri Lanka

India's EXIM bank and State bank of India, for the import of essential commodities, extended export credit...

Sri Lanka could face food shortage as President asks for help

The critical situation of the currency crisis in Sri Lanka has resulted in political, economic and social turmoil....

Indian High Commissioner hands over 125 SUVs to Sri Lanka

The High Commission of India in Sri Lanka stated that more SUVs will soon be given to Colombo under an existing line...

Sri Lanka witnesses economic and political crisis in 2022

People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as...

Sri Lanka may be deprived of IMF's USD 2.9 billion due to China

Dr Saravanamuttu said that the IMF expected each creditor to be treated equally which China is unwilling to accept.

Experts draw lessons learned from Sri Lanka's economic crisis

Focusing on deep-rooted, long-term economic vulnerabilities that led to sovereign default in Sri Lanka - the first...

Erik Solheim meets former Sri Lanka PM Mahinda in Colombo

Colombo [Sri Lanka], October 12 (ANI): Former Under Secretary General of the UN, Erik Solheim met with the former...

'China a close friend but India is brother and sister'

New Delhi [India], September 19 (ANI): Sri Lanka High Commissioner to India Milinda Moragoda on Monday referred...

US asks China to cooperate with Sri Lanka's debt structuring

Colombo [Sri Lanka], September 13 (ANI): A United States diplomat asked China to cooperate with Sri Lanka's debt...

Lanka's weak regulatory frameworks responsible for debt crisis

Colombo [Sri Lanka], September 5 (ANI): As the debt crisis continues to grip the island nation of Sri Lanka, the...

Sri Lanka's ousted President Rajapaksa returns home: official

Colombo [Sri Lanka], September 3 (ANI): Sri Lanka's ousted President Gotabaya Rajapaksa returned home in the...