Search For "sri lanka economy"
ADB approves USD 100-mln loan for power sector reforms in Sri Lanka
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) approved a USD 100 million policy-based loan to support and facilitate reforms in Sri Lanka, aimed particularly at enhancing the financial sustainability of the power sector in the island country.
Read More
Former Sri Lanka President Gotabaya Rajapaksa claims "foreign and local pa
Updated : 2 years ago IST
Former Sri Lanka President Gotabaya Rajapaksa has claimed that certain foreign and local parties were always intent on ousting him from power.d.
Read More
Indian envoy Santosh Jha attends LIOC event, lauds its contribution to Sri
Updated : 2 years, 1 month ago IST
The Indian High Commissioner to Sri Lanka, Santosh Jha, attended an event of Indian Oil's subsidiary in Sri Lanka, Lanka IOC (Indian Oil Corporation), on Saturday to extend the 'Group term assurance plan' through LIC Lanka.
Read More
"Pakistan was trying to use cross-border terrorism...we have made that pol
Updated : 2 years, 2 months ago IST
India has made "irrelevant" Pakistan's policy of using cross-border terrorism to bring it to the table for dialogue, External Affairs Minister S Jaishankar has said and noted that New Delhi will not deal with the western neighbour on terms where "the practice of terrorism is deemed as leg
Read More
Year Ender 2023: India's assistance holds the boat for Sri Lanka as it bat
Updated : 2 years, 2 months ago IST
As Sri Lanka's battle against economic crisis remains persistent, India's assistance to the island nation gives the country an anchorage to hold its boat under its 'neighbourhood first' policy.
Read More
Sri Lankan economy records positive growth for first time since crisis
Updated : 2 years, 2 months ago IST
The Sri Lankan Gross Domestic Product (GDP) for the third quarter of 2023 recorded a 1.6 per cent growth as compared to the same period a year ago, according to the Census and Statistics Department.
Read More
Despite signs of stabilisation, full recovery not assured: IMF on Sri Lank
Updated : 2 years, 5 months ago IST
Despite early signs of stabilisation, full economic recovery in Sri Lanka is not yet assured, the International Monetary Fund (IMF) said on Wednesday, Colombo Gazette reported.
Read More
Experts raise concern over volatile performance of China-backed projects i
Updated : 2 years, 7 months ago IST
A number of Chinese-backed projects in Bangladesh have been performing below par, and have raised concerns among experts, in wake of the situation in Sri Lanka and Pakistan, whose economies have crippled under the burden on Beijing’s debt, Bangladesh-based Daily Asian Age reported.
Read More
World Bank approves USD 700 million for Sri Lanka
Updated : 2 years, 8 months ago IST
About USD 500 million will be allocated to support reforms that help improve economic governance, enhance growth and competitiveness, and protect the poor and vulnerable.
Read More
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.
Read More
Year Ender: Sri Lanka witnesses economic, political crisis and mass protes
Updated : 3 years, 2 months ago IST
People of Sri Lanka demanded the resignation of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa as they blamed their government for the mismanagement of the country's economy.
Read More
Sri Lankan MP Rasamanickam warns of launching 'ChinaGoHome' campaign: Repo
Updated : 3 years, 3 months ago IST
Tamil National Alliance (TNA) MP Rasamanickam has raised questions over the Chinese Embassy's involvement in matters raised in parliament.
Read More