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WASHINGTON :A committee of Sri Lanka's international private creditors sent its first debt rework proposal to the country's authorities regarding more than $12 billion in bonds outstanding, according to three sources with direct knowledge…

WASHINGTON :A committee of Sri Lanka's international private creditors sent its first debt rework proposal to the country's authorities regarding over $12 billion in bonds outstanding, according to three sources with direct knowledge of the…

COLOMBO : Sri Lanka will begin talks with the International Monetary Fund (IMF) next month on a plan to help the crisis-hit country, including assistance with debt restructuring and managing its foreign exchange shortage, three sources…