China has a trade interest in Sri Lanka and, between 2004 and 2014, gave the island nation some US$7 billion in loans and investments. The tiny South Asian nation that experienced its worst economic ...

IMF’s willingness to remove its conditionality of privatising loss-making State-Owned Enterprises (SOEs) to continue funding ...

The Budget 2025 illustrates the drudgery of making ends meet inside a debtors' prison. The Appropriation Bill for Budget 2025 ...

In the second of a four-part series on the East Coast Rail Link (ECRL), CNA looks at China’s involvement in the megaproject ...

Sack considers that a debt that is regularly incurred by a regular government can be branded as odious if the two above-mentioned conditions are met. He adds, “once these two points are established, ...

Sri Lanka has received cabinet approval to finalize a debt restructuring deal with Japan ... Sri Lanka owes Japan $2.52 billion and seeks similar agreements with China and India to progress through ...

The controversy also exposes Sri Lanka’s vulnerability to geopolitical manoeuvering. Adani’s projects, including the US$ 700 million Colombo Port terminal, are widely seen as India’s counter to ...

with Americans bearing a greater and greater debt burden. The national debt is over $36 trillion, currently on pace to surpass $37 trillion later this year. According to the Peterson Foundation ...

Debt-stricken Sri Lanka has marked its 77th independence anniversary with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, pledged to heal Sri Lanka's economic ...

Decentralized lending protocol Aave processed millions in liquidations Monday without accruing any new bad debt, showcasing its ... Mexico and China sent shockwaves through financial markets.

Debt-stricken Sri Lanka marked its 77th independence anniversary with a military parade, while the country’s newly elected president, Anura Kumara Dissanayake, pledged to heal Sri Lanka’s ...