On Dubai visit, senior officials say country is turning around fortunes after facing economic collapse and a devastating ...

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $166 million high-impact ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will spare banks from being part of its local debt restructuring plan because of the possible impact on deposits, while the bulk of the burden will be shared by the ...

COLOMBO (Reuters) -Sri Lanka’s central bank has room to cut interest rates further but is treading carefully to preserve a buffer against potential external shocks, Governor P. Nandalal Weerasinghe ...

Sri Lanka, even before recovering from the crippling economic crisis of 2022, was struck by another disaster. Cyclone Ditwah, ...

COLOMBO (Reuters) -Sri Lanka's economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation's recovery from U.S. tariffs.

Sri Lanka’s economic growth is expected to slow down in 2026 and 2027, according to the World Bank’s latest projection ...

As Sri Lanka navigates a historic journey towards economic recovery, the World Bank Group works to help implement foundational reforms that restore macroeconomic stability and sustainability, mitigate ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. COLOMBO, Sri Lanka (AP) — Sri Lanka will ...