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Sri Lanka s new government has agreed to press ahead with a IMF bailout programme that involves tough austerity and economic reforms, the international lender announced on Saturday (Nov 23). MORE..

23 Nov 2024 (6:30 PM)

Representatives of the International Monetary Fund (IMF) are scheduled to issue an official statement this morning (23) regarding the third review under the Extended Fund Facility (EFF). MORE..

23 Nov 2024 (10:21 AM)

The Meteorology Department says a low-pressure area has formed over southeast Bay of Bengal and is likely to move west north-westwards and intensify into a depression over southwest Bay of Bengal on 25 November. MORE..

24 Nov 2024 (10:17 AM)

Countries at the COP29 summit in Baku adopted a $300 billion a year global finance target on Sunday to help poorer nations cope with impacts of climate change, a deal its intended recipients criticised as woefully insufficient. MORE..

24 Nov 2024 (11:58 AM)

Sri Lanka should be vigilant about the Adani power project in the island, experts said, after Federal prosecutors in New York indicted Group Chairman Gautam Adani and seven others on multiple counts of fraud. MORE..

23 Nov 2024 (8:59 PM)

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review of Sri Lanka s economic reform program supported by the IMF s Extended Fund Facility (EFF). MORE..

23 Nov 2024 (12:59 PM)