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 ...

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 ...

(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 ...

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 ...

COLOMBO, Sri Lanka (AP) — A political vacuum continues in Sri Lanka, with opposition leaders yet to agree on who should replace its roundly rejected leaders, whose residences are occupied by ...

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 (AP) — Sri Lanka’s crisis-hit economy is expected to resume growing in 2024 after contracting 3% this year, an International Monetary Fund official said Monday. Krishna Srinivasan, ...

Sri Lanka is undergoing one of the most complex economic recoveries in its history. The country’s financial collapse in 2022 was precipitated by a toxic mix of unsustainable borrowing, poor fiscal ...

The crisis in Sri Lanka has cast a shadow of uncertainty over the island country’s economic and political stability, which may have severe geopolitical repercussion on the countries of South Asia, ...

COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament approved a budget Thursday that includes reforms aimed at improving the country’s finances as it attempts to recover from its worst economic crisis.

The government should take advantage of the crisis to do things that it could never attempt before, from addressing regressive subsidies to restructuring state-owned enterprises. China's role in ...