Search For "sri lanka crisis"
World Bank says Sri Lanka's economic outlook uncertain, needs urgent polic
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 14 (ANI): Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the fiscal deficit, and restore external stability, the World Bank said in its twice-a-year regional update.
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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 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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Sri Lanka to implement new method to facilitate fuel for essential service
Updated : 3 years, 11 months ago IST
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.
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Sri Lankans selling gold amid economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 9, (ANI): Owing to the severe ongoing economic crisis in Sri Lanka, people are forced to sell their gold ornaments, and jewelry to buy daily use items and to pay their rents.
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Sri Lanka's main opposition party to move no-confidence motion against Pre
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 9 (ANI): Sri Lanka's main opposition party Samagi Jana Balwegaya (SJB) announced that it will move a no-confidence motion against President Gotabaya Rajapaksa's government if it fails to provide immediate relief to the people of the island nation adversely impacted
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Sanath Jayasuriya praises 'big brother' India for helping Sri Lanka amid e
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): Calling India a "big brother", former Sri Lankan cricketer Sanath Jayasuriya lauded the Indian government and Prime Minister Narendra Modi for sending help to the island nation as it battles the worst economic crisis since independence.
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Sri Lanka crisis: President will not resign, says Chief Government Whip Jo
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 6 (ANI): Amidst the unprecedented economic crisis in Sri Lanka, Chief Government Whip Johnston Fernando on Wednesday informed Parliament that President Gotabaya Rajapaksa will not resign and will face the current issues.
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Sri Lanka crisis: Country's tourism hit hard, hotel association protest to
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 6 (ANI): With Sri Lanka facing an economic crisis amidst public anger and protests against massive food and fuel scarcity, the country's tourism sector, one of the major contributors to its economy, was slowly reviving after the COVID pandemic has now been hit h
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Sanjay Raut terms Sri Lanka's situation 'worrisome', warns India on same p
Updated : 3 years, 11 months ago IST
New Delhi [India], April 5 (ANI): Shiv Sena leader Sanjay Raut on Tuesday called Sri Lanka's situation "worrisome" and cautioned that India would be on the same path if the rising inflation is not tackled.
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Sri Lanka crisis: President Rajapaksa announces 4 new ministers in cabinet
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 4 (ANI): Following the mass resignation of his Cabinet ministers, President Rajapaksa on Monday named at least four ministers, to maintain legitimacy and stability of Parliament and other functions of the country until a full Cabinet is appointed, even as he asked
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Time is fast running out: Former Cricketer Sangakkara amid Sri Lanka's eco
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 4 (ANI): Amid the economic crisis in the country, former Sri Lankan Cricketer Kumar Sangakkara on Sunday issued a statement, saying that people in the country are going through one of the toughest times imaginable.
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