This year, Sri Lanka is expected to complete its reform, which began in 2022 when the country's greatest economic crisis in decades sparked widespread demonstrations and ultimately led to the removal of the government.

Sri Lanka's $10 BN pension fund boosts IMF bailout prospects

Sri Lanka has secured a $3billion bailout from the International Monetary Fund (IMF) as it faces its worst economic crisis since independence. The deal has been nearly a year in the making and a lifeline for the country that has billions of dollars in loans.

Sri Lankan president vows to get economy back on track

IMF approves $3 billion bailout for bankrupt Sri Lanka

A series of one protest have now erupted in the island and this has bought the commercial capital Colombo to a standstill. Thousands of protestors were demanding step back from massive increase of taxes and electricity tariffs.

Sri Lankans protests tax hike