Search For "economic crisis"
Sri Lanka: US envoy calls for restraint after violence in Rambukkana town
Updated : 3 years, 11 months 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 : 3 years, 11 months 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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Sanjay Raut alleges motive of electoral gains behind Jahangirpuri violence
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 19 (ANI): Cornering the government over the recent incidents of communal clashes across the country, Shiv Sena leader Sanjay Raut on Tuesday claimed that such incidents will trigger an economic crisis in countries worst than Ukraine and Sri Lanka.
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Ex-Sri Lankan Chief Justice reproaches Colombo Govt for its 'total failure
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 19 (ANI): Former Chief Justice of Sri Lanka Sarath Nanda Silva, while speaking on the ongoing economic crisis in the Island nation, held the Colombo government responsible for the crisis and said that it had totally failed to address the problems faced by the citiz
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Pakistan's public debt stands at Rs 42.7 trillion
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 18 (ANI): Pakistan's total public debt till December 2021 stood at Rs 42,745 billion, including Rs26,745 billion domestic debt and Rs15,950 billion external liabilities, according to a report released by the finance ministry.
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Sri Lanka: Opposition party SJB to protest against govt next week
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 18 (ANI): Sri Lanka Opposition party Samagi Jana Balawegaya (SJB) has decided to launch an anti-government protest march from Kandy to the capital city, Colombo on April 26, local media reported.
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Sri Lankan President admits making mistakes as economic crisis persists
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 18 (ANI): Admitted that his government made mistakes on some policy fronts, Sri Lankan President Gotabaya Rajapaksa on Monday said he is ready to correct those mistakes and move forward.
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Sri Lanka may overcome economic crisis if Govt, public come on same page:
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 18 (ANI): Former Prime Minister of Sri Lanka, Ranil Wickremesinghe, on Monday said that the economic crisis can only be solved when both the government and the public accept the uniform solution.
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Sri Lankan court extends travel ban on former central bank chief
Updated : 3 years, 11 months 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 : 3 years, 11 months 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: Protesters seek resignation of President Gotabaya Rajapaksa ami
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 18 (ANI): Amidst the ongoing economic crisis in Sri Lanka, a string of protests marked the island nation as the citizens demanded the immediate resignation of President Gotabaya Rajapaksa for his inability to curb the crisis.
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Geo-political analyst pins blame for Lankan crisis on China's opaque debt-
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 18 (ANI): Asanga Abeyagoonasekera, a geo-political analyst from Sri Lanka, said that China's loan model to Sri Lanka is ambiguous while no one knows the interest rate charged by Beijing for the money lent to the island nation.
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