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Sri Lanka s government appears increasingly upbeat about its chances of receiving International Monetary Fund (IMF) board approval for a USD 2.9 billion bailout by December, but the multilateral lender has cautioned that the time frame remains uncertain, and much depends on discussions with the heavily indebted country s creditors. MORE..

29 Sep 2022 (3:02 PM)

The Public Utilities Commission of Sri Lanka (PUCSL) has approved power cuts of two hours and 20 minutes for tomorrow (Sep 30). MORE..

29 Sep 2022 (6:55 PM)

(UPDATE) Addressing the 55th Annual Meeting of the ADB Board of Governors in the Philippines, President Ranil Wickremesinghe said amidst major economic stress, Sri Lanka is undertaking an unprecedented fiscal effort as part of the government s commitment to restoring the country s debt sustainability. MORE..

29 Sep 2022 (5:18 PM)