President Gotabaya Rajapaksa said in anational  address  Wednesday  said  that  hehad given the go ahead for an IMF programafter meeting senior staff of the lender inColombo.

Sri Lanka has decided to halt all proposed incentives to expatriate workers who remit money through official channels after the rupee fell steeply in recent days, the central bank said. The central bank and the government paid an 10 rupee pr...

India’s support for Sri Lanka expanded by a further $ 1 billion yesterday when the two countries signed a fresh loan whilst agreeing to a new master framework to further enhance bilateral cooperation.

The earnings from tourism have exceeded US $ 500 million for the first two months of the year, with the industry generating an excess of US $ 300 million for the month of February.