Sri Lanka defaulted on $50 billion in external debt in 2022, pushing the populace towards an alternative candidate.

Sri Lanka is just emerging from a default after large volumes of money was printed to target a narrow policy rate, in the ...

Sri Lanka’s new government has agreed to press ahead with a IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday (Nov 23) ...

Sri Lanka's new leftist government has agreed to press ahead with a controversial IMF bailout programme that involves tough austerity and economic reforms, the international lender announced Saturday.

Sri Lanka's new Marxist-leaning president has sworn in a 21-member Cabinet after his party secured a two-thirds parliamentary ...

Dissanayake’s unprecedented mandate in Sri Lanka’s newly elected parliament presents a mix of hope and immense challenges in ...

The International Monetary Fund will have close discussions with Sri Lanka on the budget for 2025, Senior Mission Chief Peter ...

President Anura Kumara Dissanayake's promise to hold corrupt officials accountable has fueled his public support.

The party of Sri Lanka’s new Marxist-leaning President Anura Kumara Dissanayake has won a majority in parliament, according ...

In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World ...

Voters were also drawn by the NPP’s cry for change in the political culture and an end to corruption, because they perceived the parties that ruled Sri Lanka so far caused the economic collapse.