The rupee has slipped more than 1% this month. The 2023 deal with the IMF promised relief to SriLanka in exchange for debt restructuring, an overhaul in governance and other targets. Even with ...
The party of a Marxist leader on track to win Sri Lanka's presidential vote vowed Sunday not to scrap the country's unpopular $2.9 billion IMF bailout agreement, but instead renegotiate it.
Sri Lanka’s leftist candidate won a tightly contested presidential election, with voters sweeping out the incumbent for the economic pain they’ve endured in the two years since the country was ...
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