Search For "economic crisis"
Former Ambassador rebukes China for interfereing in Nepal's internal matte
Updated : 3 years, 11 months ago IST
Kathmandu [Nepal], March 24 (ANI): Former Nepali Ambassador to Denmark, Vijay Kant Karna, rebuked China for interfering in Nepal's internal matters, encroaching over its land and said that Nepal should be extremely cautious while accepting loans from China referring to Sri Lanka's economic c
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Rajapaksa thanks PM Modi for providing economic assistance to Sri Lanka
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 24 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa has expressed gratitude to Prime Minister Narendra Modi for providing economic development assistance and credit facilities to his country, reported local media.
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Three Sri Lankan nationals booked by Rameswaram court in TN for illegally
Updated : 3 years, 11 months ago IST
Rameswaram [Tamilnadu], March 24 (ANI): Three Sri Lankan nationals, who fled the island nation, which is facing a severe economic crisis, were booked under various sections of the Indian Passport Rule and the Foreigners Act and remanded in custody following a Rameshwaram court order.
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China turns its back on Sri Lanka economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 23 (ANI): China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report.
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Sri Lanka to seek IMF-supported program to manage debt repayment
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 21 (ANI): Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month.
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13 million Afghan children in dire need of international assistance: UNICE
Updated : 3 years, 11 months ago IST
Kabul [Afghanistan], March 20 (ANI): Nearly 13 million children in Afghanistan are in dire need of international assistance, said communications chief for the United Nations Children's Fund (UNICEF) in Afghanistan, Sam Mort, according to a media report.
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India comes to Sri Lankan peoples' rescue amid worsening economic situatio
Updated : 3 years, 12 months ago IST
New Delhi [India], March 17 (ANI): The Indian government has progressed on the path of ensuring bilateral relations with its immediate neighbour Sri Lanka amid the worsening economic situation in the island nation.
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Sri Lanka signs USD 1 billion credit line with India
Updated : 3 years, 12 months ago IST
New Delhi [India], March 17 (ANI): Sri Lanka on Thursday signed USD 1 billion credit line with India for procurement of food, medicines and other essential items, amid the island nation's worsening economic crisis.
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Sri Lanka battling grave economic crisis, plans to look beyond Beijing
Updated : 3 years, 12 months ago IST
Colombo [Sri Lanka], March 16 (ANI): Sri Lanka is facing the double whammy of high debt and rising prices, sparking protests from citizens due to widespread shortages of food and fuel.
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Sri Lanka's central bank assures country's currency to stabilize soon
Updated : 4 years ago IST
Colombo [Sri Lanka], March 12 (ANI): The Central Bank of Sri Lanka, the island country's monetary authority assured on Friday that the Sri Lankan Rupee (LKR) which has seen significant volatility in the past few years will stabilize soon.
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Sri Lanka: Prices of essential commodities rise following currency devalua
Updated : 4 years ago IST
Colombo [Sri Lanka], March 12 (ANI): The prices of a number of essential commodities including fuel and wheat increased significantly on Friday following Sri Lanka's decision to relax the controls over the value of the Sri Lankan rupee, local media reported.
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Funds are running dry in Afghanistan but economic crisis continues, says U
Updated : 4 years ago IST
Kabul [Afghanistan], March 7 (ANI): Underlining the need for more humanitarian assistance in Afghanistan, the food-assistance branch of the United Nations, has once again raised concern about the growing multifold crisis in the country.
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