As of March 2024, international bondholders held roughly $12.5 billion of Sri Lanka’s $34 billion in foreign debt ...

IMF has said that Sri Lanka returned to growth in the wake of the crisis but warned its economy was still not out of the woods.

(AFP)Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said ...

Sri Lanka has reached a long-delayed debt restructuring pact with its international and local sovereign bondholders. This ...

Sri Lanka has recently elected Anura Kumara Dissanayaka as its new president. The election was critical for Sri Lanka for three reasons—first, it was the first presidential election since the ...

Sri Lankan authorities have completed their consultations with Sri Lanka's Official Creditor Committee and the International ...

Sri Lankan authorities have “completed their consultations with Sri Lanka’s Official Creditor Committee (OCC) and the ...

The debt restructuring is a key International Monetary Fund demand to rebuild the island’s economy, which suffered its worst ...

Sri Lanka's government announced that, following the Agreement in Principle reached with representatives of its international and local holders of International Sovereign Bonds, the Sri Lankan authori ...

However, Kozack reiterated that Sri Lanka’s performance under the programme is strong, and reform efforts are bearing fruit ...