The International Monetary Fund (IMF) has recognized signs of economic recovery in Sri Lanka, attributed to a stabilization program that has led to positive GDP growth, eased shortages, and controlled inflation. Despite these improvements, challenges remain, particularly in ensuring these gains t...

Your initial statement outlines the Sri Lankan government's plan to transfer public debt management responsibilities from the Central Bank of Sri Lanka to a new, independent agency. This agency, the Public Debt Management Agency (PDMA), will be established under the Ministry of Finance. The C...

Investors from China and India, including prominent companies like Jio Platforms Ltd, a unit of Reliance Industries, and Gortune International Investment Holding Ltd, have shown interest in acquiring Sri Lanka Telecom. Gortune International represents private Chinese investors. This interest refl...

The concept of 'debt-trap diplomacy' is often attributed to China's lending practices, especially under the Belt and Road Initiative (BRI). It's suggested that China loans money to poorer nations for large infrastructure projects under stringent terms, making repayment difficult a...