Search For "economic crisis sri lanka"
With curfew in force, Sri Lanka's capital wears deserted look
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], April 3 (ANI): The streets of Colombo wore a deserted look, resembling a "no man's land" here on Sunday as a curfew was imposed on the city on top of a 36-hour nationwide curfew already in force following protests outside the residence of President Gotabaya Rajapaksa.
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Sri Lanka to experience 10-hour daily power cuts
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 30 (ANI): Amid the financial crisis, Sri Lanka will be experiencing 10-hour daily power cuts from Wednesday, announced Public Utilities Commission of the island nation.
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Sri Lanka warns money exchanges from selling foreign currencies at higher
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 29 (ANI): Sri Lanka's central bank has warned the money changers who sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked if they go beyond the exchange rates stipulated to them by licensed banks, local media reported T
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IMF prescribes tax raise, social safety measures to Sri Lanka for financia
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 27 (ANI): The International Monetary Fund (IMF) on Friday recommended a number of measures for macroeconomic stability in Sri Lanka and also to mitigate adverse impacts on the vulnerable and the poor.
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Sri Lanka faces Chinese 'strategic trap': Expert
Updated : 4 years, 2 months ago IST
Colombo [Sri lanka], March 26 (ANI): Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese 'strategic trap' responsible for the precarious situation, the island country faces.
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Sri Lanka to seek IMF-supported program to manage debt repayment
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], March 21 (ANI): Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month.
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