Alongside additional support from China this will mean all funding requirements have been met, President Ranil Wickremesinghe said
A new IMF bailout package is urgently needed to aid Pakistan's economic recovery from devastating floods last year
The Export-Import Bank of China has offered to ease Sri Lanka's financial woes with a two-year moratorium on its debt repayments
China's holdings of US government debt fell to $980.8 billion in May, the lowest since May 2010. Yields of US Treasuries slid about 15 basis points during the month.
The company plans to sell bonds to brokerages and lenders to foot the bill of expanding the reach of its rail network from about 40,000 km now to 70,000 km by 2035
Colombo has called in financial advisers Lazard as it prepares to renegotiate its complex web of creditors, including bilateral loans from Japan, India and China
The UNDP suggested a temporary basic income, in the form of an unconditional cash transfer to working-age Sri Lankans for six to nine months
Vietnam's central bank seeks to stimulate economic growth while keeping the inflation beast at bay.
Latest estimates bring home the benefit of the Bank of Japan's powerful monetary easing, which has effectively served to bankroll public debt