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Sri Lanka
Posted 16/02/2023

Sri Lanka Hikes Electricity Price by 66% to Convince IMF for Support

Sri Lanka's electricity prices rose by 66% on Thursday, as announced by Power and...

Posted 02/09/2022

Japan Urges Sri Lanka’s Creditors to Cooperate with Debt Restructuring Program

Japanese Finance Minister Shunichi Suzuki on Friday urged all creditor nations, especially China and...

Posted 01/07/2022

Consumer prices in Sri Lanka hit hyperinflationary levels in June, reaching 54.6%

Sri Lanka's headline inflation surpassed 50 percent in June, setting a new record for...

Posted 27/05/2022

Sri Lanka Snapping Russian Crude amid Shortages

Sri Lanka is snapping Russian crude oil amid shortages of everything from gasoline to diesel....

Posted 19/05/2022

Sri Lanka Enters Pre-Emptive Default, Policy Makers Flagged Debt Restructure Needed

Sri Lanka enters default for the first time since it independence as the government ...

Posted 18/05/2022

Sri Lanka Set to its Historic Default Since its Independence in 1948

Sri Lanka is set to default on $12.6 billion on offshore bonds s as its...

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