Sri Lanka's President, Ranil Wickremesinghe, is seeking a loan repayment pause until 2028 as the country grapples with bankruptcy. The government aims to gradually repay debts.

Sri Lanka’s stock market has jumped 6 percent this month, its bonds have gained 20 percent this year, and its currency, the rupee, ceased sliding against the dollar.

As Sri Lanka’s economy continues to evolve, many Sri Lankans face unexpected financial needs that require immediate attention. Whether due to medical emergencies, personal projects, or short-term cash ...

Sri Lanka has a foreign debt of US$35 billion that includes bilateral, multilateral and commercial loans as at June 30. Read more at straitstimes.com. Read more at straitstimes.com.

In recent years, Sri Lanka has seen significant growth in the digital financial sector, with many online loan providers offering convenient, accessible options for borrowing money.

A Chinese survey ship docked this week at the Hambantota port, built with Chinese loans. Some worry the ship's arrival may signal the start of militarization of Chinese infrastructure in Sri Lanka.

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its ...

Sri Lanka’s president said reopening talks with the International Monetary Fund over a bailout program would represent the biggest threat to the island nation’s economy, hitting back at his ...

Sri Lanka defaulted in May on over $50 billion in external debt, 10% of which is owed to its single biggest lender, China.

Sri Lanka is expecting as much as $5 billion in loans next year from multilateral agencies besides an IMF deal, while the government is aiming to raise up to $3 billion via restructuring of state ...

A Chinese survey ship docked this week at the Hambantota port, built with Chinese loans. Some worry the ship's arrival may signal the start of militarization of Chinese infrastructure in Sri Lanka.