The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the South Asian economy remains vulnerable. In a statement, the global lender said it would release about $333 million,

The working class needs to prepare both politically and organizationally to confront the Dissanayake government’s attacks on their social and democratic rights.

The International Monetary Fund said it reached an agreement with President Anura Kumara Dissanayake's administration to continue with the four-year loan negotiated by his predecessor last year.

Anura Kumara Dissanayake, who heads the National People's Power (NPP), affirmed his administration's commitment to continue the IMF bailout programme initiated by the previous government.

The International Monetary Fund (IMF) has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. The global lender said on Saturday that it would release about $333m,

Cash-strapped Sri Lanka plunged into its worst financial crisis in more than seven decades in 2022 with a severe dollar shortage sending inflation soaring to 70 per cent, its currency to record lows