Search For "economic crisis"
Sri Lankan President blames unidentified 'extremist' group for violent pro
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 1 (ANI): Sri Lankan President, Gotabaya Rajapaksa's office blamed an unidentified 'extremist' group for creating the violent situation during the protest near the Jubilee Post in Nugegoda, Colombo, the Colombo Page reported citing President's media division's pr
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Sri Lanka lifts curfew imposed after violent protests outside President Ra
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 1 (ANI): An overnight curfew imposed in several parts of Colombo, after protests outside Sri Lankan President Gotabaya Rajapaksa's residence over worsening economic crisis in the country turned violent, has been lifted, local media reported on Friday.
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Protest outside Sri Lankan President's residence turns violent, ten injure
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 1 (ANI): At least ten people were injured including journalists after protests held outside the residence of Sri Lankan President Gotabaya Rajapaksa turned violent on Thursday.
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Sri Lanka to witness 12-hour power cuts as economic crisis worsens
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 1 (ANI): Amid the financial crisis, Sri Lanka will be witnessing 12-hour power cuts in several areas on Friday, announced the Public Utilities Commission of the island nation.
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Protests held outside Sri Lankan President's residence as economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 1 (ANI): Several protestors gathered outside the residence of Sri Lankan President Gotabaya Rajapaksa on Thursday as the island nation faces an unprecedented economic crisis.
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Pakistani rupee in free-fall amid political instability, hits lowest ever
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], March 31 (ANI): The Pakistani rupee (PKR) surpassed the PKR 183 mark against the US dollar for the first time in history on Thursday on the back of political instability in the country and a weak economy.
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Sri Lanka to experience 10-hour daily power cuts
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 30 (ANI): Amid the financial crisis, Sri Lanka will be experiencing 10-hour daily power cuts from Wednesday, announced Public Utilities Commission of the island nation.
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Sri Lanka warns money exchanges from selling foreign currencies at higher
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 29 (ANI): Sri Lanka's central bank has warned the money changers who sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked if they go beyond the exchange rates stipulated to them by licensed banks, local media reported T
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Amid collapsing economy, Pakistan manages to convince China to rollover th
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], March 28 (ANI): In a major relief to the cash-strapped country, Pakistan, which is already facing a severe economic crisis, has managed to convince Beijing to rollover USD 4.2 billion debt that was maturing last week.
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Jaishankar visits Sri Lanka IOC, takes stock of fuel supply situation
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 28 (ANI): External Affairs Minister Dr S Jaishankar on Monday visited Sri Lanka IOC, the local subsidiary of India's oil major, Indian Oil Corporation and took stock of the island nation's fuel supply situation amid India's support during its severe economic cri
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IMF prescribes tax raise, social safety measures to Sri Lanka for financia
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 27 (ANI): The International Monetary Fund (IMF) on Friday recommended a number of measures for macroeconomic stability in Sri Lanka and also to mitigate adverse impacts on the vulnerable and the poor.
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Sri Lanka faces Chinese 'strategic trap': Expert
Updated : 3 years, 11 months ago IST
Colombo [Sri lanka], March 26 (ANI): Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese 'strategic trap' responsible for the precarious situation, the island country faces.
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