Since the beginning of the new era, China’s policy of fostering amity, sincerity, mutual benefit, and inclusiveness in neighborhood diplomacy has significantly advanced its relations with neighboring countries. China has reached a
The IMF staff-level agreement with Sri Lanka on a USD2.9 billion programme, confirmed on 1 September, appears to signal a sharp change in policy settings in order to achieve macroeconomic stability, including
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Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the international lender said in a statement on Thursday. “The objectives
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Japan is Ready to Coordinate with Creditors Japan will coordinate with other creditors to resolve Sri Lanka’s deepening financial crisis, Finance Minister Shunichi Suzuki said on Tuesday, urging all creditor nations to
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In response to the opinion of the Chinese Ambassador to Sri Lanka, Qi Zhenhong published in Sri Lanka Guardian last Friday, India stated that what Colombo needed now was “support, not unwanted
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President Wickremesinghe and PM Gunawardena have started their rule with the inherited burden that brought down President Rajapaksa’s rule. Mr. Wickremesinghe has been able to gain support from the Buddhist clergy and
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