Sri Lanka Crisis Latest News

Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment.

Sri Lankan President Ranil Wickremesinghe said on Saturday that an agreement with the International Monetary Fund has been pushed back to September due to the unrest over the past weeks, theAssociated Press reported.

The World Bank does not plan to offer new financing to crisis-hit Sri Lanka until an "adequate" macroeconomic policy framework is in place, the global funding body has said.

Sri Lanka's ousted president, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation.

Sri Lanka's Acting President Ranil Wickremesinghe has decided to implement an urgent relief programme to provide fuel, gas and essential food items to the public who are struggling due to the economic turmoil.

Sri Lanka's parliament will elect a new President on Wednesday, an official said, as President Gotabaya Rajapaksa's resignation was accepted by the Speaker after the leader fled the country earlier this week.

Amid the chaos in Sri Lanka, a group of protesters helped a street dog exposed to tear gas, and a video of the same has surfaced online.

The economic crisis in Sri Lanka has become political, with protesters taking to the streets against the political class. However, the genesis of the present crisis lies in rampant economic mismanagement since the 2000s.

Sri Lanka's anti-government demonstrators were in talks Thursday to hand back official buildings they seized, protest representatives said, even as they insisted the president and prime minister both quit in the face of an economic crisis.

Sri Lanka President Gotabaya Rajapaksa was on his way to Singapore on Thursday and was expected to stay there for the time being, a Sri Lankan government source told Reuters, after the president fled to the Maldives from his home country.

Sri Lanka Crisis: The Prime Minister of Sri Lanka has instructed the Military and the Police in a televised address "to do whatever necessary to restore order" in Sri Lanka.

Sri Lanka Crisis: The Sri Lankan Parliament will elect the new president to succeed Gotabaya Rajapaksa on July 20, Speaker Mahinda Yapa Abeywardena announced on Monday.

Earlier today, protesters discovered 17.85 million in Sri Lankan rupee (about $50,000) from the palace in crisp new banknotes but turned it over to police, news agency AFP reported.

A picture of Sri Lankan protesters watching their own demonstration on live television in the Presidential house has surfaced online.

BJP slammed Trinamool Congress MLA Idris Ali for remarks on Prime Minister Narendra Modi amid Sri Lanka crisis, he said, "Whatever happened with the President of Sri Lanka, will happen with Prime Minister Narendra Modi here..."

Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment.

Sri Lankan President Ranil Wickremesinghe said on Saturday that an agreement with the International Monetary Fund has been pushed back to September due to the unrest over the past weeks, theAssociated Press reported.

The World Bank does not plan to offer new financing to crisis-hit Sri Lanka until an "adequate" macroeconomic policy framework is in place, the global funding body has said.

Sri Lanka's ousted president, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation.

Sri Lanka's Acting President Ranil Wickremesinghe has decided to implement an urgent relief programme to provide fuel, gas and essential food items to the public who are struggling due to the economic turmoil.

Sri Lanka's parliament will elect a new President on Wednesday, an official said, as President Gotabaya Rajapaksa's resignation was accepted by the Speaker after the leader fled the country earlier this week.

Amid the chaos in Sri Lanka, a group of protesters helped a street dog exposed to tear gas, and a video of the same has surfaced online.

The economic crisis in Sri Lanka has become political, with protesters taking to the streets against the political class. However, the genesis of the present crisis lies in rampant economic mismanagement since the 2000s.

Sri Lanka's anti-government demonstrators were in talks Thursday to hand back official buildings they seized, protest representatives said, even as they insisted the president and prime minister both quit in the face of an economic crisis.

Sri Lanka President Gotabaya Rajapaksa was on his way to Singapore on Thursday and was expected to stay there for the time being, a Sri Lankan government source told Reuters, after the president fled to the Maldives from his home country.

Sri Lanka Crisis: The Prime Minister of Sri Lanka has instructed the Military and the Police in a televised address "to do whatever necessary to restore order" in Sri Lanka.

Sri Lanka Crisis: The Sri Lankan Parliament will elect the new president to succeed Gotabaya Rajapaksa on July 20, Speaker Mahinda Yapa Abeywardena announced on Monday.

Earlier today, protesters discovered 17.85 million in Sri Lankan rupee (about $50,000) from the palace in crisp new banknotes but turned it over to police, news agency AFP reported.

A picture of Sri Lankan protesters watching their own demonstration on live television in the Presidential house has surfaced online.

BJP slammed Trinamool Congress MLA Idris Ali for remarks on Prime Minister Narendra Modi amid Sri Lanka crisis, he said, "Whatever happened with the President of Sri Lanka, will happen with Prime Minister Narendra Modi here..."