Sri Lanka Warns It Will Default On Foreign Debt Amid Crisis
Colombo: Sri Lanka has said it will temporarily default on its foreign debts amid its worst economic crisis in over ...
Tag: Sri Lanka
Sri Lanka Temporarily Suspends Foreign Debt Payments
Colombo: Sri Lanka's Finance Ministry on Tuesday said the government has decided to suspend normal debt servicing of all affected ...
Sri Lankans Flee To India As Politicians Fail To Find Common Cause Over Economic Catastrophe
New Delhi: With the worsening economic situation in the island nation, another 19 Sri Lankans arrived in Tamil Nadu on ...
China’s BRI Trapped Sri Lanka In Debt, Chaos
New Delhi: China's One Belt One Road (OBOR), now known as the Belt and Road Initiative (BRI), was announced in 2013 ...
Soaring Food, Fuel Prices Tipping Countries Like Sri Lanka, Pakistan Over The Edge
London: A combination of soaring food and fuel prices could generate a wave of political instability, as people who were ...
The Long Arm Of Rajapaksa Clan In Sri Lanka’s Crisis-Hit Govt
Colombo: In early 2019, former Sri Lanka, President Maithripala Sirisena and Prime Minister Ranil Wickremesighe's Sri Lanka Freedom Party (SLFP) and ...
SL Tightens Monetary Policy With Significant Increase Of Interest Rates
Colombo: As economic crisis continues, the Central Bank of Sri Lanka has tightened its monetary policy with a significant increase of ...
India Continues To Work With SL For Rapid Post-Covid Economic Recovery: MEA
New Delhi: India stands ready to continue working with Sri Lanka for rapid post-Covid economic recovery in line with its ...
‘Resignations Of Key Officials Raise Policy Uncertainty In Sri Lanka’
New Delhi: Resignations of key government officials in Sri Lanka have raised policy uncertainty as well as compounded external liquidity ...
SL Prez Revokes Emergency Law With The Doubt Of Defeat In Parliament
Colombo: With a majority support in doubt in Parliament, President Gotabaya Rajapaksa on Tuesday late night revoked the state of Emergency ...
