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Policy makers are assessing effects of interest hikes this year on cooling price growth, amid an unprecedented economic crisis. The

Sri Lanka’s central bank hikes interest rates to 21-year high | Business and Economy News

The move comes as inflation hit a record 54.6 percent and food inflation galloped to 80.1 percent. The Central Bank

The IMF has said Sri Lanka needs to whittle down existing debt to ‘sustainable’ levels before it can receive any

Gov’t decided on Monday to limit distribution of fuel to essential services until July 10 and told residents to stay

The two sides have agreed on the budget and fiscal measures but still need to agree on a set of

In its lawsuit, the bondholder said the default is being ‘orchestrated by officials at the highest levels of government’. By Chris

Colombo hopes the IMF visit, overlapping with debt restructuring talks, will yield a quick staff-level agreement. An International Monetary Fund

Kabul, Afghanistan–The first time Sulaiman Bin Shah used crypto was as a Fulbright scholar in California. He had been hearing

Gotabaya Rajapaksa says he won’t stand for re-election but wants to fix the financial mess rather than ‘go as a

Colombo, Sri Lanka–There have been days when cybersecurity professional Asela Waidyalankara and his colleagues have sat in hotel lobbies to