Search For "economic crisis"
Sri Lankans protesting at Galle Face reject PM Rajapaksa's offer for talks
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 14 (ANI): Amid the unprecedented economic crisis in Sri Lanka, a group of protestors at the Galle Face area, which they have renamed "Gota Go Gama", rejected the offer of talks extended by Prime Minister Mahinda Rajapaksa while pressing for the resignation of the r
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Sri Lanka's opposition leader Sajith signs impeachment and no-confidence m
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): The leader of the Opposition, Sajith Premadasa, on Wednesday signed the impeachment motion against President Gotabaya Rajapaksa and the no-confidence motion against the government.
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Foreign debt payments default will put pressure on banking sector: Sri Lan
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Reacting to the Sri Lanka government's temporary suspension of payment of all foreign debts, former Prime Minister Ranil Wickremesinghe said that this will place further pressure on the banking sector in the country.
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On eve of Sri Lankan New Year, PM Rajapaksa offers to hold talks with prot
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Sri Lanka's Prime Minister Mahinda Rajapaksa said on Wednesday that as the country's prime minister, he is ready to speak with the protesters who have been protesting against the government at Galle Face in Colombo for five days over the economic and p
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Probability of Asia Cup 2022 being held in Sri Lanka depends on how other
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Amid the ongoing economic crisis in Sri Lanka, former cricketer Arjuna Ranatunga feels that the hosting of Asia Cup 2022, in the country will depend on the nod of other nations.
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Protests intensifies in Colombo against Sri Lankan govt amidst economic cr
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 13 (ANI): Protests in Colombo intensified on Tuesday against the Sri Lankan government amidst the ongoing economic crisis, despite Prime Minister Mahinda Rajapaksa's appeal to the people to keep patience in order to enable the government to resolve the situation.
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11,000 MT rice from India reaches Colombo ahead of Sri Lanka's New Year
Updated : 3 years, 11 months ago IST
Colombo, (Sri Lanka), April 12 (ANI): Sri Lanka is all set to celebrate New year on April 14 at a time when the country is in the abyss of a severe economic crisis and as a neighbouring country, India is providing maximum help to the Island nation.
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India rushes to help Sri Lanka while China presses for FTA hurting Colombo
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Even as India has rushed to help its neighbour Sri Lanka, which is facing a severe economic crisis, China has in turn been pressing the Island nation for a Free Trade Agreement that would hurt Colombo's finances.
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India distributes food packets in Sri Lankan villages
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): As Sri Lanka grapples with a deepening economic crisis, Indian Embassy distributed food packets to the families who are in need in Madawewa and Kirimetiyawa villages in the city of Anuradhapura, Sri Lanka on Tuesday.
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Sri Lanka succumbs to China's debt-trap diplomacy: Report
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy while Colombo battles most significant economic crisis in decades amid mounting debt repayment woes.
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Arjuna Ranatunga urges SL players to leave IPL and stand in support of the
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Former cricketer and minister Arjuna Ranatunga on Tuesday urged all the Sri Lankan players, who are playing in the Indian Premier League (IPL), to come and stand in support of their country during the ongoing economic crisis.
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Sri Lanka temporarily suspends servicing USD 51 billion foreign debt payme
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 12 (ANI): Amid the economic crisis in the country, the Sri Lanka government has temporarily suspended the payment of its foreign debts.
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