IMF announces Sri Lanka program aimed at economic recovery of the island

Symbolic picture only. , Photo Credit: Reuters The International Monetary Fund (IMF) approved a $3 billion-Extended…

Sri Lanka’s economic growth to be minus 11 percent in 2022: President Wickremesinghe

Image source: AP President Ranil Wickremesinghe during a media interview. Economy of Sri Lanka: Sri Lanka’s…

India to increase development aid for debt-ridden Sri Lanka

As Union External Affairs Minister S Jaishankar arrived in Sri Lanka for a two-day visit, India…

Sri Lankan President terms debt restructuring talks with India, China successful

Ranil Vikramsingh told Parliament that talks with India and China on debt restructuring have been successful.…

India expected to send ‘positive’ message on debt during Jaishankar’s visit to Sri Lanka

External Affairs Minister S Jaishankar. , Photo Credit: ANI Government sources said External Affairs Minister S.…

‘IMF support is the only option, otherwise we cannot recover’: Sri Lankan President on economic crisis

Colombo: As Sri Lanka faces a huge economic crisis, President Ranil Wickremesinghe believes that the only…

Amul, NDDB to collaborate to increase milk production in Sri Lanka

With an aim to reduce Sri Lanka’s dependence on imported milk products, India on Monday announced…

Debt restructuring talks underway with IMF, India, China: Sri Lankan President – Times of India

Colombo: Sri Lanka has initiated debt restructuring talks with International Monetary FundIndia and China, President Ranil…

Sri Lanka to retain ‘middle-income’ status, but seek concessional credit – Times of India

Sri Lanka Will remain a middle income country but request world Bank To give away some…

Between India and China – Sri Lanka’s Survival Strategy

Foreign policy debt has always been a difficult question for India in its immediate neighbourhood. With…