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Sri Lanka seeks investors to inject US$1-2bn into central bank: Sabry

Sri Lanka is seeking investors to pump up to two billion US dollars in investments into the central bank, Finance Minister Ali Sabry said as the country grapples with the worst soft-peg crisis in its history with the monetary authority in net dollar debt. ....

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Sri Lanka briefed by Latin America sovereign default expert Lee Buchheit

Sri Lanka s Finance Minister Ali Sabry, his economic team and members of an advisory group have been briefed on debt restructuring at the International Monetary Fund by Lee Buchheit, an expert of Latin America defaults. ....

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US to provide credit for Sri Lanka's renewable energy

US Ambassador for Sri Lanka Julie Chung has hinted a credit line from the United States Agency for International Development (USAID) for renewable energy projects in the island nation, President Gotabaya Rajapaksa’s office said on Monday (28). ....

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Sri Lanka money printing hits cable maker raw materials

Sri Lanka money printing hits cable maker raw materials
economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.

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Sri Lanka rupee, economy bought to tipping point by monetary fallacies: Bellwether

Sri Lanka s severe monetary instability, the obsession with controlling imports, the trade and current account deficit is a graphic example of how Keynesian or Mercantilist ideology, which is not based on logic, reason or economics, can devastate a country at peace. ....

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