Cash-strapped Sri Lanka on Wednesday announced a 15 per cent increase in the electricity price to shore up revenues for the state-run utility, in line with conditions imposed by an IMF bailout...
Sri Lanka鈥檚 leftist government said Tuesday it was selling a failed hotel project, marking its first privatisation move in line with an IMF bailout...
The Maldives says its financial troubles are 鈥榯emporary鈥� and the luxury tourist destination has no plans to seek an International Monetary Fund bailout after warnings of a possible sovereign default...