Banking bodies and associations of non-residents have been roped in by the Nepal government to curb the flow of currency and attract foreign exchange...
In a sudden, though not unexpected development, Sri Lanka today announced the suspension of the island nation’s debt repayments.
Sri Lanka’s Treasury Secretary Mahinda Siriwardena...
The experts called on the authorities to engage in constructive and open dialogue with the Sri Lankan people, saying that “peaceful protests and voices...
A joint letter from 23 Sri Lankan business chambers has warned of economic collapse, further jobs losses, social unrest a worsening hunger situation if...
In addition to supplying Ukraine with military weapons, governments around the world also have deployed economic weapons against Russia — a dangerous nuclear power....
Sri Lanka’s history of economic instability, marked by multiple currency collapses and inflation crises, has been exacerbated by excessive monetary stimulus and fiscal mismanagement.