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Sri Lanka

‘Lanka won’t allow its territory to be misused for activities against India’

Sri Lanka's new President Anura Kumara Disanayake on Monday assured India that the island nation will not allow its territory to be used in any manner inimical to the security of India as well as towards regional stability, while Prime Minister Narendra Modi declared that the two neighbouring countries have decided to explore the possibility of concluding a framework agreement on defence cooperation.

Sri Lanka’s economic recovery continues: IMF

Sri Lanka's economic recovery continues with real gross domestic product (GDP) posting three consecutive quarters of expansion, and growth accelerating to 5.3 per cent year-on-year in the first quarter of 2024, the International Monetary Fund (IMF) said on Friday.