Sri Lanka’s worker remittances were down 60 percent from a year earlier to 325.2 million US dollars in December 2021 with foreign exchange diverted to the unofficial market as money printing undermined the credibility of a 200 to the U...

Sri Lanka’s 2022 debt service payments are 6,919 million dollars of which 2.72 billion US dollars are owed to domestic holders Central Bank Governor Nivard Cabraal said, which is close to 40 percent of total payments. Sri Lanka has to pay 6,919 million US dollar...

President Gotabaya Rajapaksa who met with visiting Chinese State Councillor and Foreign Minister Wang Yi said it would be a great relief for Sri Lanka in the midst of the economic crisis if debt payments could be restructured.  A statement from the President&rsqu...

Sri Lanka’s foreign reserves rose to 3,137.6 million US dollars at the end of December 2021, up from 1,588.4 million US dollars, while a part of the the gold reserves have been sold, data shows.