Search For "economic crisis"
Maldives may face Sri Lanka-like economic crisis if not careful in taking
Updated : 3 years, 10 months ago IST
Male [Maldives], April 23 (ANI): Maldives and Sri Lanka-- two nations whose economies are heavily dependent on tourism-- suffered a big blow due to COVID-enforced regulations after the outbreak of the pandemic.
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Sri Lanka asks for USD 1.5 billion credit from India amid economic crisis
Updated : 3 years, 10 months 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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China gets flak for pushing Sri Lankan economy into 'debt-trap'
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 22 (ANI): As Sri Lanka faces one of the worst economic crises, China has been widely criticized for pushing the Sri Lankan economy into its 'debt trap' and for predatory behaviour such as leasing out the port of Hambantota for 99 years.
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Amid demand to reverse Imran Khan's relief package, Pak FM reaches US to h
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 22 (ANI): With Pakistan's economy in the doldrums and amid demands from the International Monetary Fund (IMF) to reverse Former Prime Minister Imran Khan's relief package, Finance Minister Miftah Ismail on Friday reached Washington for talks with the financial ins
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Pakistan newly elected PM Sharif to face same old problems during his regi
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 22 (ANI): Pakistan's newly elected Prime Minister Shehbaz Sharif will now inherit the same old problems, including the economic crisis, which were there during the former cricketer-turned-politician Imran Khan regime, said a media report.
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End of Ukraine conflict would have most positive effect on global recovery
Updated : 3 years, 11 months ago IST
Washington [US], April 20 (ANI/Sputnik): An end to the conflict in Ukraine would become the most positive development for the recovery of the global economy at present, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday.
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Pakistan: Political instability, policy paralysis exacerbating economic di
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 20 (ANI): Political instability and policy reform slippages are exacerbating the economic distress that Pakistan has been facing in the last few years according to a World Bank report.
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Sri Lankan PM Rajapaksa expresses distress over Rambukkana violence
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 20 (ANI): Sri Lankan Prime Minister Mahinda Rajapaksa on Wednesday said that he is deeply distressed following the violence that took place in Rambukkana town.
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Sri Lankan police caution protesters from jeopardizing fuel transportation
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 20 (ANI): Amid the ongoing anti-government protests in Sri Lanka following the economic and political crisis, the police have urged the public not to jeopardise the fuel transportation system while protesting.
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Curfew imposed in Sri Lanka's Rambukkana amid unrest
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 20 (ANI): Sri Lanka police imposed a curfew in the Rambukkana Police Division until further notice following unrest in the country with the clash between protesters and police in the city.
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Sri Lanka should learn from India in tackling economic crisis
Updated : 3 years, 11 months 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 : 3 years, 11 months 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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