sri lanka economy

India is planning to provide further financial assistance to neighbouring country Sri Lanka after providing aid worth $3.8 billion since January this year, reported Indian Express on Tuesday. "The idea is to respond to Sri Lanka's…

India has again extended assistance to Sri Lanka and will send two ships each of diesel and petrol to the neighbouring nation facing an acute shortage of fuel. One ship is expected in Sri Lanka between July 13 and 15 and another between…

Sri Lanka is struggling to raise $587 million to pay for about half a dozen fuel shipments, a top minister said on Sunday as the cash-strapped country tries to cope with its worst financial crisis in decades. The country of 22 million…

COLOMBO: Sri Lanka's prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it…