Over the past eight years, Sri Lanka has been hit by a series of severe crises that have tested the country’s resilience.

The strong and authoritative State prior to Independence had sufficient foreign exchange from the growth of export ...

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 ...

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 ...

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 ...

After an economic collapse and political upheaval, Sri Lankans have become resigned to leaner meals and reduced horizons. By Mujib Mashal and Skandha Gunasekara Reporting from Ibbagamuwa, in Sri Lanka ...

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, June 13 (Reuters) - The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout, but the global lender warned the economy remains vulnerable despite ...

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.

However, this changed since 2009. The government spends recovery funds throughout the nation. No discrimination is seen between the most nationally valuable community and other communities. However, ...