China funded the construction of massive infrastructure projects in Sri Lanka meant to boost the island nation’s economy. However, after the economic collapse of the tiny Indian Ocean country earlier …
Sri Lanka to launch urgent reforms to address fiscal challenges: Finance Ministry
Cash-strapped Sri Lanka will have to undertake serious fiscal reforms to revive the ailing economy as it has identified a huge gap between the states revenue and expenditure, a senior official said on …
Chinese-Funded Projects Deepen Sri Lanka’s Economic Woes
Analysts say the projects, which failed to yield economic dividends, are linked to Beijing’s strategic ambitions in the Indian Ocean …
Chinese-Funded Projects Deepen Sri Lanka’s Economic Woes
Analysts say the projects, which failed to yield economic dividends, are linked to Beijing’s strategic ambitions in the Indian Ocean …
Struggling Sri Lanka waits on China to unlock its US$2.9 billion IMF bailout
More than one-third of the island nation’s families are going hungry. Its economy is shrinking. But Colombo can’t get its bailout until Beijing gives it financing assurances.
Struggling Sri Lanka waits on China to unlock its US$2.9 billion IMF bailout
More than one-third of the island nation’s families are going hungry. Its economy is shrinking. But Colombo can’t get its bailout until Beijing gives it financing assurances.
AP PHOTOS: Sri Lankans face food crisis amid economic crunch
Rasarathnam Anushiya once had a mission: She awaited orders to blow herself up as a suicide bomber during Sri Lanka’s civil war. Years on, her struggle now is to feed her three children during the …
AP PHOTOS: Sri Lankans face food crisis amid economic crunch
Rasarathnam Anushiya once had a mission: She awaited orders to blow herself up as a suicide bomber during Sri Lanka’s civil war. Years on, her struggle now is to feed her three children during the …
AZA Finance FX Week Ahead: Ghana credit level with defaulted Sri Lanka undercuts Cedi recovery
The Cedi pulled back some of its losses, strengthening to 14.38 from 14.52, as the Bank of Ghana increased the monetary policy rate by 2.5 percentage points to 27%. Inflationary also heightened …
AZA Finance FX Week Ahead: Ghana credit level with defaulted Sri Lanka undercuts Cedi recovery
The Cedi pulled back some of its losses, strengthening to 14.38 from 14.52, as the Bank of Ghana increased the monetary policy rate by 2.5 percentage points to 27%. Inflationary also heightened …