Search For "sri lanka crisis"
WHO provides emergency funds to scale up health response in cyclone-hit Sr
Updated : 3 months, 1 week ago IST
WHO has released USD 175,000 to support Sri Lanka after Cyclone Ditwah caused severe flooding, displacement and damage nationwide. The funds will deploy medical teams, strengthen disease surveillance and ensure essential health services, as Sri Lanka seeks international help following a stat
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India sets up emergency help desk in Colombo to assist citizens hit by Cyc
Updated : 3 months, 2 weeks ago IST
India's High Commission in Sri Lanka has set up an emergency help desk at Colombo's airport to assist Indians affected by Cyclone Ditwah. Distressed citizens can contact +94 773727832 for support, and the mission is providing food and water to stranded passengers.
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Change in govt will take country back to crisis: Sri Lanka's Provincial Go
Updated : 2 years, 2 months ago IST
Ahead of Sri Lanka's Presidential and parliamentary elections scheduled this year, Eastern Province Governor Senthil Thondaman affirmed support for sitting premier Ranil Wickremesinghe and backed him to be re-elected, saying that he stabilised the country and lifted the economy from dire
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Sri Lankan economy to grow in 2024 after contracting this year: IMF
Updated : 2 years, 10 months ago IST
The IMF official said the country's economic prospects hinge quite critically on the implementation of the economic reform program it had agreed in particular for five key areas.
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Sri Lanka to see degrowth in 2023, gradual recovery expected next year: AD
Updated : 2 years, 11 months ago IST
Sri Lanka's economy is estimated to contract again in 2023 before it begins a gradual recovery in 2024, as the country navigates an unprecedented economic crisis, according to Asian Development Bank.
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India extends aid worth USD 3.9 billion to help Sri Lanka face of economic
Updated : 3 years, 1 month ago IST
India's EXIM bank and State bank of India, for the import of essential commodities, extended export credit facilities worth USD 1,500 million to Sri Lanka.
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2023 a critical year for Sri Lanka to turn around its crisis-struck econom
Updated : 3 years, 2 months ago IST
Sri Lankan President Ranil Wickremesinghe on Monday said that as Sri Lanka walks into the New Year with the baggage from 2022, 2023 will be a critical year for the country to turn around its crisis-struck economy, reported Daily Mirror.
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Overseas visits of Gotabaya, Mahinda Rajapaksa cost Sri Lanka LKR 40mn in
Updated : 3 years, 3 months ago IST
This report is based on details provided by the Presidential Secretariat and the Prime Minister's Office on a directive issued by the Right to Information Commission. Gotabaya and Mahinda, who were ousted from power after a large-scale uprising, spent a staggering LKR 44, 739,184.91 for f
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Sri Lanka likely to miss IMF deadline: Report
Updated : 3 years, 3 months ago IST
The Sri Lankan newspaper said if the country missed the December IMF deadline, it would have to wait for March 2023 to secure a USD 2.9 billion loan from the IMF in eight equal tranches.
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Sri Lankan Prez Wickremesinghe appreciates Indian Community's efforts duri
Updated : 3 years, 4 months ago IST
Sri Lankan President Ranil Wickremesinghe lauded the Indians living in Colombo and other parts of Sri Lanka known as Colombo Expats Cultural Association (CECA) and their efforts towards the crisis-hit country during the COVID pandemic and economic fallout.
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Experts draw lessons learned from Sri Lanka's economic crisis
Updated : 3 years, 4 months ago IST
Focusing on deep-rooted, long-term economic vulnerabilities that led to sovereign default in Sri Lanka - the first time in the country's history - Umesh Moramudali, a Lecturer at the University of Colombo and Researcher on Public Debt & Development, pondered why Sri Lanka had come to thi
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China falls into its own debt trap as loans under Belt and Road Initiative
Updated : 3 years, 5 months ago IST
Beijing [China], October 3 (ANI): China is falling into its own debt trap as the country's banks have sharply reduced lending to low-income countries under its flagship Belt and Road initiative (BRI) after the crumbled economies of borrowing countries have left the Asian giant with huge pile
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