The government explores the possibility of obtaining fuel and fertiliser from China under a credit facility, Daily Mirror learns. This is in addition to a consignment of diesel to be donated to Sri Lanka by China under its RMB 500 million (U...

 Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least US$ 3 billion via the lender’s extended fund facility (EFF), sources familiar with the matter told Reuters.

Sri Lanka Prime Minister Ranil Wickremesinghe in his capacity as Finance Minister will present a supplementary estimate of 695 billion rupees to parliament next Wednesday (08), preceded by a special statement on Tuesday (07) on the state of...

The Government has done away with licencing of non-essential imports, a move enforced in March but slapped higher taxes as a restrictive measure to better manage the pressure on scarce foreign reserves.