Lankan Crisis

Sri Lankan President Ranil Wickremesinghe on Monday presented his government's 2024 budget, emphasising the need for tough reforms until the full recovery of the cash-strapped island nation's economy.

Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the government's domestic debt amounting to more than $51 billion.

Sri Lankan President Ranil Wickremesinghe on Monday said he is keen on settling the ethnic conflict with the minority Tamil community.

The Sri Lankan government's printer Gangani Liyanage on Thursday made written requests to both the Treasury Secretary and police chief to hold the much-delayed local council elections now scheduled for April 25.

The Sri Lankan Foreign Minister also stated that the Indian government took some very bold, decisive actions by providing the island nation with about 3.9 billion worth of bilateral credit and accreditation.

Sri Lankan President Ranil Wickremesinghe said on Wednesday that he will go ahead with the devolution of powers within a united Sri Lanka and continue with his unpopular decisions to ensure that the bankrupt country recovered from the economic crisis

External Affairs Minister S Jaishankar on Thursday held talks with his Sri Lankan counterpart Ali Sabry soon after his arrival in Colombo, as India informed the IMF its assurance for providing a much-needed bailout to the cash-strapped island nation.

The United Kingdom has decided to move Sri Lankan refugees seeking asylum from the British-claimed Chagos Islands to 'a safe third country,' unless they returned to Sri Lanka 'voluntarily'.

Sri Lanka ordered civil servants on Wednesday not to express opinions on social media after some officials claimed schoolchildren were fainting from a lack of food due to the country's dire economic crisis.

Hit by the economic crisis in their country, 12 more Sri Lankan nationals arrived here on Tuesday, officials said.

A huge green and purple communications tower in Sri Lanka financed with Chinese debt that has become a symbol of the ousted Rajapaksa clan's closeness to Beijing will finally open this week.

Gotabaya Rajapaksa, who fled Sri Lanka following an uprising against his government over the island-nation's worst-ever economic crisis, may return from Thailand on Saturday.

The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos until further notice, as the island nation tried to tackle its worst economic crisis.

President Ranil Wickremesinghe and a visiting IMF team on Wednesday analysed Sri Lanka's current economic crisis as the two sides began crucial talks to finalise a bailout package and secure a staff-level agreement for the cash-strapped country.

Sri Lankan Supreme Court on Wednesday extended the travel ban imposed on the country's former Prime Minister Mahinda Rajapaksa and Basil Rajapaksa until September 5.

Sri Lankan President Ranil Wickremesinghe on Monday presented his government's 2024 budget, emphasising the need for tough reforms until the full recovery of the cash-strapped island nation's economy.

Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the government's domestic debt amounting to more than $51 billion.

Sri Lankan President Ranil Wickremesinghe on Monday said he is keen on settling the ethnic conflict with the minority Tamil community.

The Sri Lankan government's printer Gangani Liyanage on Thursday made written requests to both the Treasury Secretary and police chief to hold the much-delayed local council elections now scheduled for April 25.

The Sri Lankan Foreign Minister also stated that the Indian government took some very bold, decisive actions by providing the island nation with about 3.9 billion worth of bilateral credit and accreditation.

Sri Lankan President Ranil Wickremesinghe said on Wednesday that he will go ahead with the devolution of powers within a united Sri Lanka and continue with his unpopular decisions to ensure that the bankrupt country recovered from the economic crisis

External Affairs Minister S Jaishankar on Thursday held talks with his Sri Lankan counterpart Ali Sabry soon after his arrival in Colombo, as India informed the IMF its assurance for providing a much-needed bailout to the cash-strapped island nation.

The United Kingdom has decided to move Sri Lankan refugees seeking asylum from the British-claimed Chagos Islands to 'a safe third country,' unless they returned to Sri Lanka 'voluntarily'.

Sri Lanka ordered civil servants on Wednesday not to express opinions on social media after some officials claimed schoolchildren were fainting from a lack of food due to the country's dire economic crisis.

Hit by the economic crisis in their country, 12 more Sri Lankan nationals arrived here on Tuesday, officials said.

A huge green and purple communications tower in Sri Lanka financed with Chinese debt that has become a symbol of the ousted Rajapaksa clan's closeness to Beijing will finally open this week.

Gotabaya Rajapaksa, who fled Sri Lanka following an uprising against his government over the island-nation's worst-ever economic crisis, may return from Thailand on Saturday.

The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos until further notice, as the island nation tried to tackle its worst economic crisis.

President Ranil Wickremesinghe and a visiting IMF team on Wednesday analysed Sri Lanka's current economic crisis as the two sides began crucial talks to finalise a bailout package and secure a staff-level agreement for the cash-strapped country.

Sri Lankan Supreme Court on Wednesday extended the travel ban imposed on the country's former Prime Minister Mahinda Rajapaksa and Basil Rajapaksa until September 5.