Anura Kumara Dissanayake's National People's Power, which holds only three seats currently, is aiming to win a parliamentary ...

Sri Lanka’s new NPP government is following a similar borrowing strategy to the Ranil Wickremesinghe regime, raising ...

Sri Lanka's banks have built 3.7 billion dollars of balances with financial institutions abroad by the second quarter of 2024 ...

The government has spent only 53% of the welfare budget allocated for the year within the first 8 months up to August, ...

By targeting the meager pension funds of Sri Lanka’s wage workers, the government’s domestic-debt restructuring plan is likely to exacerbate existing class, gender, and ethnic inequalities. With their ...

Since 1997, the IMF has imposed surcharges on countries that borrow more than allowed or take longer to repay their loans. Economists and developing nations have often criticized this system for ...

Sri Lanka's new leftist President Anura Kumara Dissanayake met with representatives from the International Monetary Fund (IMF ...

The SEP’s election intervention aims to build an independent political movement of the working class based on international ...

This is not a bright and shining moment for multilateral institutions—the cluster of international organizations established ...

The SEP is intervening in this parliamentary election to build an independent political movement of the working class, based ...

The IMF approved reforms on Friday that will lower members' borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.

U.S. Treasury official Jay Shambaugh says withdrawing the U.S. from the IMF and World Bank would be “a step backward." ...