Sri Lanka economy

Sri Lanka economy

Sri Lanka default hints at trouble ahead for developing nations

Sri Lanka default hints at trouble ahead for developing nations

A man counts Sri Lankan rupees at a money exchange counter in Colombo September 4, 2015. REUTERS/Dinuka Liyanawatte

Sri Lankan rupee depreciation swells private credit in March

Demonstrators shout slogans against Sri Lanka's President Gotabaya Rajapaksa, near the Presidential Secretariat, amid the country's economic crisis, in Colombo, Sri Lanka, April 23, 2022. REUTERS/Navesh Chitrakar/File Photo

IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes

Ali Sabry, newly appointed minister of finance, speaks during an interview with Reuters, amid the country's economic crisis in Colombo, Sri Lanka, April 9, 2022. REUTERS/Dinuka Liyanawatte

Sri Lanka says India, World Bank consider $2 billion bridge finance

The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas

IMF says any loan to Sri Lanka requires debt sustainability

Members and supporters of Sri Lanka's opposition the National People's Power Party march towards Colombo from Beruwala, during a protest against Sri Lankan President Gotabaya Rajapaksa, amid the country's economic crisis, in Colombo, Sri Lanka April 19, 2022. REUTERS/Navesh Chitrakar

One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF

A general view of fishing trawlers parked at Negombo's "Lellama" fishery harbour during the sunrise, as fishermen and their families struggle due to a lack of diesel and a price hike over the last few months amid the country's economic crisis, in Negombo, Sri Lanka, April 16, 2022. Picture taken April 16, 2022. REUTERS/Navesh Chitrakar

Life 'very hard' for Sri Lanka fishermen in financial squall

People shout slogans against Sri Lanka's President Gotabaya Rajapaksa and demand that Rajapaksa family politicians step down, during a protest amid the country's economic crisis, at Independence Square in Colombo, Sri Lanka.(REUTERS)

Sri Lanka asks IMF for rapid financial assistance

Gotabaya Rajapaksa in Glasgow in 2021.Photographer: Andy Buchanan/Pool/Getty Images

Sri Lanka must show IMF sustainable debt plan for emergency aid

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (Covid-19) in New York City, US, April 26, 2020/ Reuters

Sri Lanka debt restructuring could take months: S&P

Hashini Wijesekera. Illustration: TBS

Sri Lanka: The island on a deadline

People walk past the main entrance of the Sri Lanka's Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte/File Photo

Sri Lanka doubles interest rates to tame inflation as crisis bites

People walk past the main entrance of the Sri Lanka's Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte/File Photo

Sri Lanka reserves drop to $1.93B in March, $8.6B due in payments this year