Sri Lanka’s new Marxist-leaning president has sworn in a 21-member Cabinet after his party secured a two-thirds parliamentary ...

These changes are part of a larger effort to strengthen the IMF’s ability to maintain global economic stability ...

Consolidate the fiscal position aligned with the EU’s new fiscal framework. Phase out the fixed energy price policies and reallocate the resulting fiscal space for investment (including green) and ...

The talks in Islamabad came within six weeks of the IMF approving the bailout, an unusual move as it is rare for the fund to discuss reforms ahead of a review of the reform plan under the loan program ...

Sri Lankan President Anura Kumara Dissanayake reappointed Harini Amarasuriya as the prime minister of the Indian Ocean island ...

If the ANC blindly continues with austerity it will be removed from power. We do not have a left party and will not have one ...

When Russian forces crossed its borders in 2022, Ukraine found itself fighting a war on several fronts. As well as protecting ...

Sri Lanka, home to 22 million people, suffered an economic crisis in 2022 due to a foreign currency shortage that triggered a ...