COLOMBO (Reuters) - Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its ...

Supporters of Sri Lanka’s main opposition shout slogans after police stopped their march to protest against the postponement of local government election in Colombo, Sri Lanka, Monday, Feb. 20, 2023.

COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted ...

COLOMBO, Sri Lanka (AP) — Sri Lanka will spare banks from being part of its local debt restructuring plan because of the possible impact on deposits, while the bulk of the burden will be shared by the ...

Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of its domestic debt load, as the government seeks to ease its payment burden. The nation’s dollar ...

Digana, Central Province - January 29, 2026 - PRESSADVANTAGE - Tamarind Gardens Homestay has announced the expansion of ...

Sri Lanka is contending with a high risk of default on its local currency bonds as it seeks to reduce debt, key to winning financing from the International Monetary Fund to bring relief to the ...