The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis. By Skandha Gunasekara and ...

The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn) to help it deal with its worst economic crisis in its history as an independent nation. Soaring prices, shortages of essential ...

Referred to as the teardrop of India, Sri Lanka sits just off the southeast coast in the Indian Ocean. Scars of a bitter civil war are fading, and an island nation rich with resources and ripe for ...

This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International Monetary Fund (IMF). In the two years since its inception difficult but much needed ...

Indian Prime Minister Narendra Modi is in Sri Lanka to expand defence and energy ties as Colombo balances relations with its powerful neighbour and biggest lender, China. Sri Lankan President ...

Sri Lanka's leftist government won local council elections but with significantly lower margins, in its first test since sweeping national polls last year, official results showed on Wednesday.