The International Monetary Fund has advised Sri Lanka of strict compliance for restoring fiscal sustainability and said the ...

The Democratic Republic of Congo (DRC) has received the second instalment of a $1.7 billion loan from the International ...

The World Bank has approved USD one billion in support of Ethiopia’s ongoing macroeconomic reforms, according to officials at the Ministry of Finance.

Sri Lanka secured a crucial nod from the International Monetary Fund (IMF) on Tuesday, as its Executive Board approved the authorities’ request for a waiver on missed quantitative performance targets ...

Less than two weeks into office, the Rao government sharply devalues the rupee by over 20% amid a balance of payments crisis, ...

Mission Chief for Sri Lanka Evan Papageorgiou on Thursday noted that the upcoming 2026 Budget discussion will be a critical pillar of the Fund-supported Extended Fund Facility (EFF), as the country ...

India is steadily expanding its exposure to yen-denominated loans for leveraging ultra-low interest rates, stable repayment ...

The International Monetary Fund (IMF) said yesterday that Sri Lanka's economic outlook remains positive but global trade policy uncertainties pose significant risks to Sri Lanka's macroeconomic and ...

These reforms, including the unification of exchange rates and increased market-driven pricing, have been pivotal in ...

Lanka is at a disastrous crossroads. The ruling NPP government promised big while in the Opposition. But now caught up in the reality of ruling a country, has had to come to grips with the realities ...

The Naira on Friday experienced a slight depreciation at the official market, trading at N1,528.56 to a dollar. Data obtained ...

Despite initial worries that greater exchange rate flexibility would trigger a temporary slump in the local currency, the market responded positively ...