Sri Lanka’s central bank set its new single benchmark interest rate at 8% to bolster the economy’s recovery from the worst ...

Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling ...

Artificial intelligence may replace jobs, but JPMorgan CEO Jamie Dimon says it could mean shorter work-weeks for future ...

The global economy is expected to grow at 3.2% and 2.7% in 2024 according to the IMF and UNCTAD, respectively.

Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...

Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement about Sri Lanka to Members of the Financial Community today: ...

Angola is not in talks with the International Monetary Fund on a new financial assistance programme, its finance ministry ...

South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...

Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption. The draft law will seek to clarify ...

Angola said there are currently no negotiations taking place with the International Monetary Fund about a possible new ...

Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...

Ghana's economy is growing again, two years after a painful economic crisis pushed it into default, but repercussions from a local debt restructuring are casting a shadow over its longer-term recovery ...