Many factors, including poor decision-making on fiscal policy initiatives and economic management, led to Sri Lanka’s economic collapse. Eventually, the country’s government resorted to asking for ...

The International Monetary Fund approved a $2.9 billion bailout deal for Sri Lanka on Monday, raising hopes for an easing of the island nation’s dire economic crisis. The South Asian country of 22 ...

As most of the world focuses on overcoming the Covid pandemic that has raged on for the last two years amid a backdrop of a war in Ukraine and rising inflation rates, Sri Lanka is in the midst of a ...

Sri Lanka is in the grip of an economic, political and humanitarian crisis. In a remarkable display of anger on Saturday, thousands of protesters disregarded government curfews, rampant military and ...

Sri Lanka’s elite-driven independence process laid the groundwork for the problems that continue to plague the country today, from ethnic tensions to inequality.

Colombo, Sri Lanka (AP) -- Before he fled Sri Lanka on Wednesday amid a crushing economic crisis, President Gotabaya Rajapaksa was the last of six members of the country's most influential family ...

Sri Lanka is mired in a deep political and economic crisis and on Saturday the country's president was forced to flee his residence not long before it was stormed by a huge crowd of protesters. The ...

Months of political unrest rocked Sri Lanka last year as the island nation endured months of food, fuel and medicine shortages in an unprecedented economic crisis.