The Latest Breaking News from Sri Lanka

Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a bailout, four sources with direct knowledge of the plan have told Reuters.

There is a strong case for greater Indian engagement, especially in certain sectors

Sri Lanka’s former President thanks India for aid

The Saudi government reviewed on Tuesday the latest regional and international developments. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the meeting that was held at the al-Salam Palace in Jeddah. The ministers reviewed the Saudi Foreign Ministry’s policy work in recent days. They were briefed on…

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Sri Lanka’s government plans to present an amended budget for the year that slashes expenses and aims to provide relief to people hit hard by an economic meltdown

Japan will coordinate with other creditors to resolve Sri Lanka's deepening financial crisis, Finance Minister Shunichi Suzuki said on Tuesday, urging all creditor nations to gather and discuss the South Asian nation's debt at the same table.

Crisis-hit Sri Lanka unveiled fresh measures on Tuesday in an interim budget aimed at clinching a bailout package from the International Monetary Fund, talks for which, the president said, had reached the "final stage".

In her outstretched palms, 49-year-old Nilanthi Gunasekera holds her family’s last remaining handful of dried fish – a reminder of Sri Lanka’s worst economic crisis in decades.

Pakistan bowler Shaheen Afridi injured his right knee ligament during a Test match in Sri Lanka last month, and is expected to be fit in time for October’s T20 World Cup

Even as Russia’s Ukraine invasion completed six months on August 24, India voted against a Russian m