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IMF set to provide $2.9B to help crisis-hit Sri Lanka

The International Monetary Fund announced Thursday it has reached a preliminary agreement to provide Sri Lanka with $2.9 billion over four years to help it recover from its worst economic crisis. The arrangement will help restore financial and macroeconomic stability and debt sustainability. It will also enable the country’s growth …

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Protesters in Sri Lanka storm president’s residence, office

Protesters demanding Sri Lankan President Gotabaya Rajapaksa resign forced their way into his official residence and nearby office on Saturday, local television reports said, as thousands of people demonstrated in the capital against the island nation’s worst economic crisis in recent memory. It was not clear if Rajapaksa was inside …

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