In June protests brought thousands onto the streets in Kenya after William Ruto, the president, laid out the spending cuts ...

Pakistan's foreign exchange reserves, held by the State Bank of Pakistan (SBP), increased $84 million, reaching over 31-month ...

The NPP won 107 seats, receiving almost 62 per cent or 6.8 million votes in Thursday’s election, putting them past the ...

The interim government is going to curtail its expenditure focusing on the budget for 2024-25 in order to keep fiscal ...

By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) -Sri Lankan President Anura Kumara Dissanayake's leftist coalition ...

Government debt across sub-Saharan Africa reached 60% of GDP in 2023, with two dozen countries’ debt burdens widely ...

Sri Lankans have voted in a parliamentary election that's key for their new, Marxist-leaning president to consolidate his ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

A good number of banks are in bad shape due to various reasons like more liabilities than deposits and it is very unfortunate, he cited ...

Sri Lanka's National People's Power of President Anura Dissanayake has swept the 2024 parliamentary elections raking in a two ...

The currency has dropped nearly 19.5% against the US dollar ... He warned that the government’s reliance on external funding, ...