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Sri Lanka's prime minister, who said he'll step down after a new government is installed, says the island nation's debt-laden economy has "collapsed" as it runs out of money to pay for food, ...

Sri Lanka ranks No. 55 overall in the U.S. News Best Countries rankings. Explore photos, statistics and other information.

Sri Lanka defaulted on its debt last spring, and it is now in discussions with the International Monetary Fund over a bailout package that could inject $2.9 billion in much-needed cash into its ...