Search For "sri lanka economic crisis"
China's bid for world domination collapsing with faltering BRI
Updated : 3 years, 10 months ago IST
Beijing [China], April 30 (ANI): Originally called 'One Belt, One Road', China's Belt and Road Initiative (BRI), designed to boost its image and influence with at least 49 countries to date, is faltering and the strategy may be doomed in the aftermath of Russia-Ukraine war.
Read More
Tamil Nadu seeks Centre's nod to send aid to crisis-hit Sri Lanka
Updated : 3 years, 10 months ago IST
Chennai (Tamil Nadu) [India], April 29 (ANI): Tamil Nadu Chief Minister MK Stalin moved a resolution in the state Assembly urging the Central government to permit the state government to send essential commodities including rice, pulses, dairy products and medicines to Sri Lanka amid the ong
Read More
Sri Lanka: Trade Unions demand President Rajapaksa's resignation
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 29 (ANI): Hundreds of trade unions in Sri Lanka have been staging a nationwide protest over the mishandling of the ongoing economic crisis in the country and have called for the immediate resignation of President Gotabaya Rajapaksa.
Read More
Sanath Jayasuriya requests India for medicines amid Sri Lanka's economic c
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 28 (ANI): Former Sri Lanka cricketer Sanath Jayasuriya met with Indian High Commissioner of Sri Lanka Gopal Baglay and asked for assistance to obtain essential medicines for the island nation.
Read More
Sri Lankan President says he's ready to establish all-party govt
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanaka], April 27 (ANI): Sri Lankan President Gotabaya Rajapaksa on Wednesday said that he in principle is willing to form an all-party government with the political parties represented in Parliament.
Read More
China's 'strategic-trap diplomacy' set off Sri Lankan economic crisis: Rep
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): While economists largely concur that China's debt-trap diplomacy set off Sri Lankan economic crisis, geopolitical analysts believe that the island nation fell victim to a far more dangerous form of foreign policy, that is a 'strategic-trap diplomacy', sai
Read More
Sri Lankan PM rejects calls for resignation; says 'I will go if I lose Par
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid nationwide protests and growing calls for his resignation, Sri Lanka Prime Minister Mahinda Rajapaksa has said that he will step down if he loses the majority in the Parliament.
Read More
Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 27 (ANI): Amid the ongoing economic crisis, Sri Lanka's Prime Minister Mahinda Rajapaksa on Tuesday said he will not step down from his post.
Read More
Sri Lanka halts stock trading for 2nd consecutive day amid falling share p
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): Sri Lankan stocks plummeted shortly after opening for trading on Tuesday, leading the stock market to close early for the second day in a row.
Read More
IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its debt crisis, according to a media report.
Read More
Sri Lankan crisis 'man-made problem, warning signs ignored'
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 26 (ANI): The ongoing crisis in Sri Lanka, which is the worst in the country's history, is a man-made problem while warning signs visible for a year were ignored, said Professor Mick Moore, a highly acclaimed political economist and professorial fellow at the Insti
Read More
Sri Lankan President says he's willing to form interim government to resol
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], April 25 (ANI): Sri Lankan President Gotabaya Rajapaksa on Monday said that he is willing to take immediate steps to form an interim government to curb and resolve the ongoing economic crisis in the country.
Read More