The International Monetary Fund (IMF) has emphasized the critical need for high creditor participation in Sri Lanka’s ongoing ...

International Sovereign Bonds account for just over $12.5-billion of the island's foreign debt, which stood at $46-billion ...

COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...

Sri Lanka's new Parliament to debate government's policy statement and interim budget, following NPP's landslide victory.

Sri Lanka has launched a $12.5 billion debt swap initiative ... This flexibility has drawn praise for bridging disputes over economic projections. The International Monetary Fund recently approved a ...

The Cabinet of Ministers has approved the proposal for the restructuring of international sovereign bonds by way of swapping ...

IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other ...

The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders is pleased to announce its support for the restructuring ...

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued a statement highlighting Sri Lanka's ...

Sri Lanka’s central bank said it will start using a single benchmark interest rate to manage monetary policy, starting from its next update on Wednesday, replacing its current system of two rates.

Sri Lanka's central bank cut its benchmark interest rate Wednesday, after the government agreed to a debt restructure deal with international bond holders.

Four out of ten people in the world live in a country that spends more money servicing the interest on its sovereign debts ...