Colombo [Sri Lanka], March 27 (ANI): The International Monetary Fund (IMF) on Friday recommended a number of measures for macroeconomic stability in Sri Lanka and also to mitigate adverse impacts on the vulnerable and the poor.
Colombo [Sri lanka], March 26 (ANI): Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese 'strategic trap' responsible for the precarious situation, the island country faces.
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.
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.
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.
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.
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.
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.
Colombo [Sri Lanka], March 13 (ANI): An all-party conference in Sri Lanka will be held later this month to discuss the current economic situation in the country, media reports said on Sunday.
Colombo [SriLanka], March 12 (ANI): Finance Minister of Sri Lanka, Basil Rajapaksa will visit India next week, said the Indian Embassy in Sri Lanka on Saturday.