Search For "economic crisis sri lanka"
Drug dealers, fundamentalist groups taking advantage of economic crisis,
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 17 (ANI): Amid protests in Sri Lanka over the country's worst economic crisis, an advisor to the Sri Lankan President Gotabaya Rajapaksa on Saturday said the government has tried to control drug dealers "who have a lot of money" and that they are "very angry". Read More
Sri Lanka stock exchange to stop trading for 5 days from April 18
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 16 (ANI): In midst of one of the country's worst economic crises, Sri Lanka's Colombo Stock Exchange (CSE), on Saturday has been directed to temporarily close the stock market for five days starting April 18.
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China avoids bailing out Sri Lanka, Pakistan as their debt deepens: Report
Updated : 4 years, 1 month ago IST
Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and Pakistan, which are facing severe economic and foreign debt crises even as the Asian giant was earlier keen on providing loans for various infrastructure projects in these countri
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Massive protest erupts in heart of Colombo amid economic crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 14 (ANI): A massive protest erupted in the Galle Face Green area in the capital city of Colombo as the Island nation is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts.
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Foreign debt payments default will put pressure on banking sector: Sri Lan
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 13 (ANI): Reacting to the Sri Lanka government's temporary suspension of payment of all foreign debts, former Prime Minister Ranil Wickremesinghe said that this will place further pressure on the banking sector in the country.
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Sri Lanka succumbs to China's debt-trap diplomacy: Report
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 12 (ANI): Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy while Colombo battles most significant economic crisis in decades amid mounting debt repayment woes.
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Sri Lanka temporarily suspends servicing USD 51 billion foreign debt payme
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 12 (ANI): Amid the economic crisis in the country, the Sri Lanka government has temporarily suspended the payment of its foreign debts.
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Sri Lanka urges Islamabad to expedite release of financial assistance offe
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 12 (ANI): Amid the growing economic crisis in Sri Lanka, Colombo has requested Islamabad to expedite the pending financial assistance offered by the country, according to a media report.
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Protestors burn effigies of Sri Lanka President, PM at anti-govt protests
Updated : 4 years, 2 months ago IST
Milan [Italy], April 10 (ANI): Some 1000 Sri Lankan nationals staged an anti-government protest at Central Railway Station in Milan, Italy.
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Sri Lanka can overcome economic crisis provided Central Bank allowed to ru
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], April 10 (ANI): Exuding confidence in overcoming the unprecedented economic crisis, the newly appointed Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said that one of the ways to overcome the current crisis situation is to allow the Central Bank to f
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Top Sri Lankan delegation to meet IMF officials in Washington
Updated : 4 years, 2 months ago IST
Washington [US], April 9 (ANI): Amid Sri Lanka's severe economic crisis, a high-level delegation, including the country's Central Bank Governor and other senior officials, will attend an International Monetary Fund (IMF) meeting in Washington DC today.
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Sri Lanka: UN experts condemn crackdown on protests
Updated : 4 years, 2 months ago IST
Geneva [Switzerland], April 9 (ANI): UN human rights experts have urged the Sri Lankan Government to guarantee the fundamental rights of peaceful assembly and of expression during peaceful protests, amid the country's severe economic crisis.
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