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.
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.
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.
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.
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.
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.
Colombo [Sri Lanka], April 12 (ANI): Amid the growing economic crisis in Sri Lanka, Colombo has requested Islamabad to expedite the pending financial assistance offered by the country, according to a media report.
Washington [US], April 12 (ANI): The over-dependence on China for economic development could be a miserable option for any country, and the latest examples of it, are Pakistan and Sri Lanka which have been facing a dire financial crisis at present, according to reports.
Colombo [Sri lanka], April 12 (ANI): As Sri Lanka faces its worst economic crisis in decades, common citizens are facing a severe scarcity of essentials including fuel and food and people are forced to use candles in the absence of electricity.
Colombo [Sri Lanka], April 11 (ANI): With Sri Lanka facing a fuel shortage, arrangements are being made to launch a new programme to expedite the provision of fuel for essential services, according to an official of the State Ministry of Home Affairs.
Colombo [Sri Lanka], April 11 (ANI): In a special address to the nation amid the ongoing economic crisis and massive protests calling for his ouster, Sri Lanka Prime Minister Mahinda Rajapaksa on Monday requested people to remain patient in order to enable the government to resolve the si