Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 pandemic worsened the nation’s economic outlook. Sri Lanka is an island nation in the Indian Ocean ...

Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government ...

Many factors, including poor decision-making on fiscal policy initiatives and economic management, led to Sri Lanka’s economic collapse. Eventually, the country’s government resorted to asking for ...

Once again, the country is forced to seek a bailout from the IMF – with all the costs and benefits that entails. The ongoing economic crisis in Sri Lanka is one of the worst that the world has seen in ...

Hundreds of Sri Lankan protestors recently took to the streets, frustrated with the South Asian country's worst economic crisis in seven decades. As a resident of Sri Lanka's capital, Colombo, it is ...

COLOMBO, Dec 15 (Reuters) - Sri Lanka's economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way back from its worst financial crisis in ...

Sri Lanka’s tourism industry has commenced its recovery after setbacks suffered due to this year’s economic and political crisis, alongside protest campaigns that ousted President Gotabaya Rajapaksa.

The number of children grappling with various forms of undernutrition in Sri Lanka increased for the first time in at least six years in 2022, a government report and data from the health ministry ...

India’s recent efforts build on its previous commitments. Since 2021, it has offered over $4.5 billion in aid. It comes at a ...