[ad_1] China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries if China participated in restructuring Sri Lanka’s debt, US […]
Tag: sri lanka crisis
Sri Lanka’s crisis rings alarm for other troubled economies
[ad_1] Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack of fuel to get kids and teachers to classrooms. […]
Watch: Incredible scenes in Colombo as Sri Lanka fans burst into chants of ‘Australia, Australia’ after final ODI
[ad_1] The five-match ODI series between Sri Lanka and Australia ended on Friday with the Aaron Finch-led side registering a four-wicket win in the final match in Colombo. Sri Lanka […]
Sri Lanka, deep in debt, sued by bondholder in US over historic default
[ad_1] Sri Lanka was sued in the US by a bondholder after the South Asian nation defaulted on its debt for the first time in history while struggling to stop […]
Sri Lanka PM thanks India for support amid ‘difficult period’, eyes solutions
[ad_1] Sri Lanka is aiming to work towards taking “correct” policy decisions amid a “small window” to reduce the economic crisis impact, Ranil Wickremesinghe, the country’s prime minister, said on […]
Sri Lanka president repeats assurance on executive power, says new govt will…
[ad_1] A day after promising Sri Lanka a “new cabinet without Rajapaksas” in a televised address, the crisis-hit country’s president, Gotabaya Rajapaksa, on Thursday morning said the new government “will […]
Amid crisis, Sri Lanka President says he will appoint new PM, cabinet this week
[ad_1] Amid the escalating political and economic crisis in Sri Lanka, President Gotabaya Rajapksa on Wednesday addressed the nation and said he was working with all party leaders to establish […]
Sri Lanka simmers day after clashes: EU condemns ‘vicious attacks’ on civilians, IMF talks at risk
[ad_1] The European Union on Tuesday condemned the “vicious attack” on civilians in Sri Lanka that sparked deadly rioting on the island, as China said it was “closely following” the […]
Fully supportive of Lanka’s democracy and stability: India
[ad_1] India on Tuesday said it is “fully supportive” of Sri Lanka’s democracy, stability and economic recovery, adding that it had historical ties with the nation, a day after the […]
Sri Lanka reserves drop to $1.93 bn in March, $8.6 bn due in payments this year
[ad_1] Sri Lanka’s foreign exchange reserves dropped 16.1 per cent to $1.93 billion in March from a month earlier, the central bank said Thursday, as the island nation struggles through […]
Sri Lankan president Gotabaya Rajapaksa appoints expert team to advise govt on tackling economic crisis
[ad_1] Sri Lankan president Gotabaya Rajapaksa on Thursday set up a Presidential Advisory Group, appointing a team of economic and fiscal experts to advise the government to tackling the worst […]
Jacqueline Fernandez supports homeland Sri Lanka amid economical-political crisis: ‘My people don’t need judgement’
[ad_1] Actor Jacqueline Fernandez, who hails from Sri Lanka, penned a long note defending her country, which is facing a severe economic and political crisis currently. Sri Lanka is battling […]
Amid economic crisis, six Sri Lankans caught entering India illegally
[ad_1] Six Sri Lankan nationals who allegedly tried to enter the country illegally – they stranded before being rescued by the Coast Guard on Tuesday – are being interrogated, officials […]