Search For "economic crisis sri lanka"
Sri Lanka crisis: Situation tense near Prime Minster Rajapaksa's residence
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 25 (ANI): As the anti-government protest continues in Sri Lanka over the worsening economic crisis, the tense situation has been reported near the residence of the country's Prime Minister Mahinda Rajapaksa, according to local media.
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Sri Lanka: Rebel lawmakers ask Mahinda Rajapaksa to resign honourably or f
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 24 (ANI): The group of ruling party lawmakers who rebelled and became an independent group earlier this month, said that Prime Minister Mahinda Rajapaksa should resign from his post, or else will have to face a no-confidence motion.
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Sri Lanka asks for USD 1.5 billion credit from India amid economic crisis
Updated : 4 years, 1 month ago IST
Washington [US], April 23 (ANI): Sri Lanka has asked for another one billion US dollar credit from India for imports as well as a 500 million US dollar loan for oil imports, Finance Minister Ali Sabry said as the country faces dire economic situation.
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Sri Lanka should learn from India in tackling economic crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 19 (ANI): The ruling Rajapaksa government should learn from India in tackling the prevailing economic crisis, Sri Lanka's senior journalist J Sudath Jayasundra said.
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IMF, India pledge to support Sri Lanka in economic crisis
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 19 (ANI/Sputnik): The International Monetary Fund (IMF) and India will support Sri Lanka in the economic crisis that has gripped the country, Sri Lankan Finance Ministry said on Tuesday.
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Sri Lanka: US envoy calls for restraint after violence in Rambukkana town
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 19 (ANI): US ambassador to Sri Lanka Julie Chung called for restraint and calm after reports of violence emerged from Rambukkana town on Tuesday amid the unprecedented protest due to the ongoing economic crisis.
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Chinese high-cost loans prime culprit for Lankan economic woes
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 19 (ANI): Sri Lanka's current economic crisis does not seem to slow down due to its major dependence on Chinese loans as well as its inability to repay debt amid a state of emergency and intense protests in the island nation.
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Sri Lankan court extends travel ban on former central bank chief
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 18 (ANI): A Sri Lankan court on Monday extended a travel ban imposed on former central bank chief Ajith Nivard Cabraal.
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Sri Lankan PM to propose constitutional amendment
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 18 (ANI): Sri Lankan Prime Minister Mahinda Rajapaksa is set to propose to the cabinet to amend the constitution, media reports said on Monday.
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Sri Lanka Finance Minister, officials leave for Washington for discussion
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 17 (ANI): Amid the ongoing economic crisis and widespread protests against the government, a four-member Sri Lankan delegation led by the newly appointed Finance Minister Ali Sabry has left for Washington for initial discussions with the International Monetary Fund
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Sri Lanka Defence Minister clarifies military will not be deployed to supp
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 17 (ANI): Sri Lankan Defence Minister Kamal Gunaratne clarified that the military forces will not be deployed to suppress democratically held peaceful protests as the economic and political crisis deepens in the country.
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Sri Lanka seeks bridging finance from India till IMF bailout
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 17 (ANI): While India plays a prominent role in helping its neighbour Sri Lanka come out of a deep economic crisis, it was learnt from reliable sources that Colombo has asked New Delhi to provide bridging finance for the crisis-ridden country till the Internatio
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