Search For "sri lankan economy"
"Tremendous uplift in Sri Lankan economy": Ircon Chairperson on India-back
Updated : 1 year, 1 month ago IST
India's assistance to Sri Lanka's railway development is expected to boost the country's economy significantly. The upgraded railway track from Maho to Omanthai, spanning 128 kilometers, will allow for faster travel times, increased load capacity and improved safety.
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Sri Lankan Tamil refugees in Rameswaram urge Centre, TN govt to facilitate
Updated : 1 year, 2 months ago IST
Struggling without recognition or financial aid, Sri Lankan Tamil refugees in Rameswaram have urged the Indian government to facilitate their return to Sri Lanka. Fleeing economic turmoil, these families have been living in hardship, unable to access education or employment, while the Tamil
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Sri Lanka signs USD 5.8 billion debt restructuring deal with lender nation
Updated : 1 year, 11 months ago IST
As one of the co-chairs of the OCC, along with France and Japan, India has been steadfast in its commitment to the stabilisation, recovery and growth of the Sri Lankan economy.
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Sri Lankan economy records positive growth for first time since crisis
Updated : 2 years, 5 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.
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PM Modi, Sri Lankan President Wickremesinghe "reviewed entire spectrum of
Updated : 2 years, 10 months ago IST
Kwatra said that the two leaders acknowledged that the partnership and cooperation have been a source of great strength in overcoming the recent difficulties and challenges in Sri Lanka.
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Sri Lankan economy to grow in 2024 after contracting this year: IMF
Updated : 3 years ago IST
The IMF official said the country's economic prospects hinge quite critically on the implementation of the economic reform program it had agreed in particular for five key areas.
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India will encourage greater investments in Sri Lankan economy: Jaishankar
Updated : 3 years, 4 months ago IST
EAM S Jaishankar on Friday expressed India's solidarity with Sri Lanka and said that New Delhi would encourage more significant investments in the Lankan economy, especially in the core areas like energy, tourism and infrastructure.
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Pakistan's economy headed for a Sri Lanka-like crisis
Updated : 3 years, 7 months ago IST
Pakistan has a large amount of debt, high inflation, a spike in unemployment and a lot of other macroeconomic problems which clearly show the multiple challenges faced by the country.
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Chinese debt trap diplomacy behind Sri Lankan's bankruptcy: Expert
Updated : 3 years, 8 months ago IST
Brussels [Belgium], September 10 (ANI): The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to Beijing's Belt and Road Initiative projects in the south Asian country, according to experts.
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Sri Lankan economy may take time to revive, vicious trap called 'Chinese L
Updated : 4 years ago IST
Colombo [Sri Lanka], May 23 (ANI): The failure of Sri Lanka's economy due to faulty economic planning bore fruit for China's strategic ties as the island nation is caught in a vicious cycle of Chinese loans.
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Experts caution countries from China's debt-trap diplomacy
Updated : 4 years ago IST
Colombo [Sri Lanka], May 13 (ANI): With the Sri Lankan economy overburdened with Chinese loans, as per the experts, other countries in the region also need to call upon their own governments to draw the necessary lessons from the Island nation.
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Sri Lanka PM likely to resign this week
Updated : 4 years ago IST
Colombo [Sri Lanka], May 8 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa is likely to resign this week so that the new cabinet can take over, local media reported.
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