The film follows an Indian couple on holiday in Sri Lanka, where they are touring the Ramayana Trail, a set of locations connected to the Indian mythological epic, just as the country’s economic ...

Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the ...

(Reuters) - The International Monetary Fund (IMF) has approved a nearly $3 billion bailout for Sri Lanka, which could help the country unlock up to $7 billion more from other lenders such as the World ...

In December 2022, I traveled to Sri Lanka for the first time to visit Whole Planet Foundation's microfinance partner there, Berendina Micro Investment Company (BMIC). Although I have traveled to many ...

Sri Lanka's economic recovery requires stability, reforms, and efficient spending to address post-crisis challenges and achieve sustainable growth.

The government budget is the nation’s key economic policy document — the primary instrument through which a state translates ...

Sri Lanka’s unprecedented economic crisis in 2022 was not a sudden occurrence. It was in the making for decades and exploded ...

COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted ...

How Low Taxes Drove Sri Lanka’s Economic Crisis and Squandered its Education Lead,” describes how Sri Lanka’s successive governments have adopted policies that resulted in inadequate revenues, ...

Sri Lanka is facing an economic crisis of historic proportions. It has defaulted on its debt for the first time in the country’s history, it has been hit by a foreign exchange shortage and it is ...

COLOMBO, Sri Lanka — Debt-stricken Sri Lanka’s economic reform program is yielding the first signs of recovery, but the improvements still need to translate into improved living conditions for its ...

Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country’s retail fuel market as it struggles to resolve a worsening energy crisis amid an ...