March 20 (Reuters) – Sri Lanka’s foreign private creditors are considering proposing swapping the country’s defaulted bonds for new securities where cashContinue Reading
Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil Wickremesinghe’s office said Monday on theContinue Reading
COLOMBO-Sri Lanka will introduce new central bank legislation aimed at bolstering the bank’s independence, accountability and also price stability inContinue Reading
Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggledContinue Reading
Bankrupt Sri Lanka’s hospitals were crippled and transport disrupted on Wednesday as trade unions protested against the doubling of taxesContinue Reading
DUBAI, United Arab Emirates (AP) — Iran and Saudi Arabia on Friday agreed to reestablish diplomatic relations and reopen embassiesContinue Reading
COLOMBO (Reuters) -Sri Lanka aims to announce a debt-restructuring strategy in April and step up talks with commercial creditors aheadContinue Reading
(AFP)-Sri Lanka voiced hope on Wednesday that a long-awaited IMF bailout would be finalised soon and help unfreeze billions ofContinue Reading
COLOMBO, March 7 (Reuters) – Sri Lanka is negotiating with India to extend a $1 billon credit line by aContinue Reading
Summary COLOMBO/WASHINGTON, March 7 (Reuters) – Sri Lanka looks set to get a sign-off on a long-awaited $2.9 billion four-yearContinue Reading
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