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Sri Lanka cuts interest rates for the first time in three years | Banks News

The move signals a change of course to fuel a rebound in the economy as the island recovers from its

The credit line is part of about $4bn in emergency assistance extended by India during the peak of Sri Lanka’s

US to deny visas on human rights grounds to the North Western Province governor and ex-navy chief Wasantha Karannagoda and

Thousands march to demand government uncover who the real conspirators were behind the 2019 attacks that killed nearly 270 people.

It remains uncertain whether China, Sri Lanka’s biggest bilateral creditor, will join the initiative launched by Japan. Japan, India and

A record number of developing nations are at risk of a debt crisis, with ballooning inflation escalating borrowing costs. United

Power and energy minister says different categories of petrol and diesel to be sold at 8 percent to 26 percent

BREAKINGBREAKING, Rescue packages comes as Island nation is grappling with its worst economic crisis in 70 years. Sri Lanka has

From: Inside Story The bankrupt nation faces a tough road ahead. Years of economic mismanagement and the effects of the

Sri Lanka will get the first $330m tranche of an International Monetary Fund (IMF) bailout package in the next two