Despite finalising debt restructuring agreements with official creditors and International Sovereign Bond (ISB) holders, the government’s total debt marginally increased by 0.25 per cent in the second quarter of 2024, according to the latest quarterly debt report of the Ministry...

Public sector employees who obtained long leave to travel abroad for work or other purposes will be considered to have vacated their post in the event they do not return to service after completing their leave or obtain an extension...

The United Arab Emirates (UAE) government has launched a two-month amnesty scheme starting from 01 September 2024. This initiative provides an opportunity for individuals to correct their visa status or return to their home countries without incurring fines or facing...

The Finance Ministry of Sri Lanka has issued a statement addressing recent misconceptions regarding the country’s debt restructuring process and its engagement with the International Monetary Fund (IMF). The statement, titled “Clarifications on Debt Restructuring and the Debt Sustainability Analysis,”...

A fire in a school dormitory in central Kenya killed 17 students and seriously burned 13 others, police said Friday. There are fears that the death toll may rise, police said. There was no initial word on the ages of...