The crisis saw acute shortages of food, lengthy blackouts and long queues
The crisis saw acute shortages of food, lengthy blackouts and long queues
The 73-year-old had fled the island nation under military guard in July, after a huge crowd stormed his official residence
The agreement is subject to approval by management, executive board
Wickremesinghe told the parliament on Tuesday that talks with the global lender had reached the 'final stage'
Wickremesinghe says talks with the IMF have reached a 'successful level'
Talks with creditors are expected to begin soon
The country aimed for a Rs3.9 trillion expenditure in its last budget
Country owes $51 billion in foreign debt, of which $28 billion must be paid by 2027
The island nation is in the midst of an unprecedented economic crisis
Ousted leader 'has the right to return to his motherland': Top party leader