Search For "economic crisis sri lanka"
Protest at Sri Lanka's 'Galle Face' continues for 24th day as government f
Updated : 4 years, 1 month ago IST
Colombo [Sri lanka], May 3 (ANI): As the ongoing economic crisis continues to fuel unrest in the Island country, the protests at 'Galle Face' in Colombo in front of the Presidential Secretariat continued for the 24th day on Monday even as the government faces the prospect of a no-confidence
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Sri Lanka to amend electricity law to remove impediments to procurement
Updated : 4 years, 1 month ago IST
Colombo [Sri lanka], May 2 (ANI): Sri Lanka will amend its electricity law to remove impediments to procurement, said Power and Energy Minister Kanchana Wijesekera on Monday.
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Sri Lanka's parliament session to begin from Wednesday
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], May 2 (ANI): Amid a simmering political crisis in the Island country, Sri Lanka's parliament is set to convene on Wednesday in a session that may see a no-confidence motion being brought against Prime Minister Mahinda Rajapaksa.
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Sri Lanka: Opposition to bring no-confidence motion against Mahinda Rajapa
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], May 1 (ANI): Amid the ongoing economic crisis and the large scale public anger against the ruling government, Sri Lanka's leader of Opposition and Samagi Jana Balawegaya (SJB) leader Sajith Premadasa on Saturday said that the no-confidence motion will be brought again
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Sri Lanka can use its potential, come back to stability: Israel envoy
Updated : 4 years, 1 month ago IST
New Delhi [India], May 1 (ANI): Calling the ongoing economic crisis in Sri Lanka "unfortunate", Israel's envoy to India, Sri Lanka and Bhutan Naor Gilon on Saturday said that the country can use its potential in tourism and agriculture to come back to stability.
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Sri Lanka: Trade Unions demand President Rajapaksa's resignation
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 29 (ANI): Hundreds of trade unions in Sri Lanka have been staging a nationwide protest over the mishandling of the ongoing economic crisis in the country and have called for the immediate resignation of President Gotabaya Rajapaksa.
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Sri Lankan PM rejects calls for resignation; says 'I will go if I lose Par
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid nationwide protests and growing calls for his resignation, Sri Lanka Prime Minister Mahinda Rajapaksa has said that he will step down if he loses the majority in the Parliament.
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Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa on Tuesday said he will not step down from his post.
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Sri Lanka halts stock trading for 2nd consecutive day amid falling share p
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 26 (ANI): Sri Lankan stocks plummeted shortly after opening for trading on Tuesday, leading the stock market to close early for the second day in a row.
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IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its debt crisis, according to a media report.
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Sri Lankan President says he's willing to form interim government to resol
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 25 (ANI): Sri Lankan President Gotabaya Rajapaksa on Monday said that he is willing to take immediate steps to form an interim government to curb and resolve the ongoing economic crisis in the country.
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Sri Lanka stock market halts trading as share prices plummet
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 25 (ANI): Sri Lanka stock market on Monday halted trading again after the index of liquid stocks plummeted, with the All Share Price Index falling 9.6 per cent and the Standard & Poor's Sri Lanka 20 (S&P SL20) plunging 12.64 per cent, according to a media r
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