Sri Lanka succumbs to China's debt-trap diplomacy: Report

Apr 12, 2022

Colombo [Sri Lanka], April 12 : Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy...

US extends support to Sri Lanka, urges cooperation from all political parties to resolve debt crisis

Jul 10, 2022

Colombo [Sri Lanka], July 10 : The United States on Sunday extended its support to Sri Lanka amid the ongoing political crisis in the...

China's 'debt-trap diplomacy' behind Sri Lanka crisis: Report

Apr 17, 2022

Colombo [Sri Lanka], April 17 : While Sri Lanka faces its worst economic crisis since independence with food and fuel shortages, soaring prices and...

Sri Lanka declares state of emergency amid protest over economic crisis

May 06, 2022

Colombo [Sri Lanka], May 7 : The crisis-hit Sri Lanka on Friday declared a state of emergency after the crippling strike and protest over...

Sri Lanka to seek IMF-supported program to manage debt repayment

Mar 21, 2022

Colombo [Sri Lanka], March 21 : Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to...

IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis

Apr 26, 2022

Colombo [Sri Lanka], April 26 : International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and...