COLOMBO, March 29 (Reuters) - Sri Lanka's economy grew at a slower-than-expected 1.8% in the fourth quarter of the 2021 financial year, taking its full year growth to 3.7%, data from the government's ...

Sri Lanka is in the midst of a financial and energy crisis, with high inflation and fuel shortages caused by poor economic management and the Covid-19 pandemic. To manage these issues, the government ...

COLOMBO, Nov 12 (Reuters) - The Sri Lankan government will reduce the budget deficit to around 8.8% of gross domestic product in 2022, finance minister Basil Rajapaksa said in his budget speech on ...

Hundreds of Sri Lankan protestors recently took to the streets, frustrated with the South Asian country's worst economic crisis in seven decades. As a resident of Sri Lanka's capital, Colombo, it is ...

The ongoing economic crisis in Sri Lanka is one of the worst that the world has seen in recent times. The island nation has an unprecedented inflation rate reaching as high as 69.8 percent in ...

Vidhura S Tennekoon was a former employee of the Central Bank of Sri Lanka. Sri Lanka has a new president and prime minister – but a change in who leads the crisis-hit South Asian nation alone will ...

Sri Lanka, an island of 22 million people, continues to be in the grip of its worst economic and political crisis since independence on 10 February 1948. Since April there have been protests against ...

With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year. But my research suggests that the country might not ...

Sri Lanka is in an unenviable position, and its policy makers face a conundrum. The country is experiencing its worst economic crisis in a century. Sri Lanka has formally defaulted; its public debt is ...