Tag: srilanka
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IMF says Sri Lanka’s economic recovery shows signs of improvement but challenges remain
Colombo (AP) — Debt-stricken Sri Lanka, which declared bankruptcy last year, is showing signs of economic improvement but its recovery still faces challenges, the...
Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding
Colombo (AP) — The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared bankruptcy, after...
Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding
Colombo (AP) — The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared bankruptcy, after...
Sri Lanka c.bank to hold rates as inflation stays high
Colombo (Reuters) - Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support...
Sri Lanka could wrap up debt restructure talks by Sept, president says
Tokyo (Reuters) - Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or November at the latest, its president...