Colombo [Sri Lanka], August 20 (ANI): Easy Chinese investment poured into BRI projects abroad isn't quite as lucrative as often publicized and sparsely generates sufficient revenue to justify the cost, according to Stockholm-based non-profit and non-partisan research and policy organization.
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.
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.
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.
Colombo [Sri Lanka], April 12 (ANI): Amid the economic crisis in the country, the Sri Lanka government has temporarily suspended the payment of its foreign debts.