In March, the International Monetary Fund (IMF) had said it has reached a staff-level agreement with Sri Lanka for the next phase that would enable it access to USD 337 million from the nearly USD 3 ...
Sri Lanka's rupee, which suffered severe depreciation because of the island nation's unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State ...
The port has become a thriving transshipment hub in the Indian Ocean particularly for vehicles, with a turnover of 700,000 units a month.
Revenue targets for 2024 likely to be missed While Sri Lanka is on course to secure IMF executive board approval for the second review of US$ 3 billion bailout package, it is likely to miss revenue ...
A new regime is poised to be in place in New Delhi after June 4 results of general elections which will be confronted with new challenges viz. providing top priority to emerging technologies advances, ...
Sri Lanka's rupee, which suffered severe depreciation because ... over USD 4 billion which provided a lifeline to the ailing economy until the deal for an IMF bailout of USD 2.9 billion was sealed in ...
Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State ...