Sri Lanka

The finance minister has announced an economic relief package amid surging inflation

The Chinese foreign minister will travel to the two South Asian states as part of a five-country tour in early January

Colombo may need Beijing and Delhi to help it avert a sovereign default but their support is not guaranteed

The country has temporarily shut its only oil refinery, sparking concerns over possible fuel shortages

The government has announced emergency regulations on the provision of essential foods

The central bank has become the first in Asia to tighten monetary policy since the onset of the pandemic

The country’s foreign exchange reserves are dwindling, raising concerns about its ability to repay its debt

The president’s family has a tight grip on political power