The Latest Breaking News from Sri Lanka

The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its worst economic crisis in decades.

Colombo (AFP) - Crisis-hit Sri Lanka's inflation hit an eleventh consecutive monthly record in August, official data showed on Wednesday, rising to 64.3 percent as the International Monetary Fund extended bailout talks by one more day.

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Sharjah (United Arab Emirates) (AFP) - Skipper Mohammad Nabi said Afghanistan is ready for the big guns after they became the first team to qualify for the Super Four stage of the Asia Cup following victories over Bangladesh and Sri Lanka.

Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a bailout, four sources with direct knowledge of the plan have told Reuters.

There is a strong case for greater Indian engagement, especially in certain sectors

Sri Lanka’s former President thanks India for aid

The Saudi government reviewed on Tuesday the latest regional and international developments. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the meeting that was held at the al-Salam Palace in Jeddah. The ministers reviewed the Saudi Foreign Ministry’s policy work in recent days. They were briefed on…

Chennai

Sri Lanka’s government plans to present an amended budget for the year that slashes expenses and aims to provide relief to people hit hard by an economic meltdown