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Photo courtesy of CNN Sri Lanka’s economy has undergone one of the most dramatic cycles in recent emerging market history, from sovereign default and severe shortages in 2022 to a stabilisation phase ...

Sri Lankan legislators have overwhelmingly voted to scrap their pensions, as the Marxist-leaning government fulfills a key campaign promise. The vote Tuesday was 154-2.

Sri Lanka’s National People’s Power (NPP) government, led by the charismatic President Anura Kumara Dissanayake, entered office in late 2024 at a turning point in the country’s economic history. Sri ...

Economic recovery at core of presidential election battle Millions still struggle to make ends meet after crisis Meltdown pushed millions more into poverty by 2023 COLOMBO, Sept 19 (Reuters) - Sri ...

COLOMBO (Reuters) -Sri Lanka's first leftist president has surprised investors by embracing pro-market reforms in his first year, and plans fresh steps to boost investment and energy supplies after ...

Susikala was working as a daily wage earner at a flower garden in Hatton, a hilly area in central Sri Lanka, when in April 2022 the government defaulted on its debt. The default sent the economy into ...

Sri Lankan lawmakers voted to abolish their own pensions, fulfilling a campaign promise by President Anura Kumara Dissanayake. This decision, following public anger over economic crises, aims to ...

Economic crisis strains family elderly care systems Large numbers of older workers lack pensions Some turn to begging, charities to cope COLOMBO, Feb 8 (Thomson Reuters Foundation) - When Kiri Banda ...

Sri Lanka’s Colombo Stock Exchange closed down on Monday with high turnover in the materials, food, beverage and tobacco, and capital goods counters.