Sri Lanka Economic Crisis News
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Sri Lanka Elections: A Look At The 5 Key Candidates And What They Stand For
Sri Lanka, which is slowly recovering from its worst-ever economic crisis, will vote to elect the next President on Saturday.
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IMF Approves $3 Billion Bailout For Debt-Ridden Sri Lanka
The IMF has approved a $3 billion bailout programme to help debt-ridden Sri Lanka overcome its economic crisis and catalyse financial support from other development partners, a move welcomed by Colombo on Tuesday as a "historic milestone".
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"Blood Is Thicker Than Water": S Jaishankar On India-Sri Lanka Relations
Amid the economic crisis, External Affairs Minister S Jaishankar asserted that it is natural for India to stand by Sri Lanka during its difficult time as "blood is thicker than water".
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Tamil Protesters In Sri Lanka Pull Out Shampoo To Wash Hair As Police Fire Water Cannons
In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.
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"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
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Debt Restructuring Talks With India Were "Successful": Sri Lanka President
Sri Lanka, which is trying to secure a $2.9 billion bridge loan from the International Monetary Fund (IMF), is also looking at financial assurances from its major creditors - China, Japan, and India.
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Protests In Crisis-Hit Sri Lanka Against Inflation, Tax Hikes
Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.
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UK To Deport Sri Lankan Refugees To 'Third Country': Report
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'.
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Sri Lanka Cuts Tax On Sanitary Napkins Amid Economic Crisis: Report
Amid the ongoing economic crisis in the country, Sri Lanka has cut taxes on female sanitary products in a bid to help women unable to afford the hygiene product, according to reports.
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Sri Lanka's IMF Bailout Deal Could Be A Turning Point, Now It Courts China And India
Sri Lanka's International Monetary Fund bailout plan could be a turning point in its worst economic crisis.
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"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
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Ex-Lanka President Gotabaya Rajapaksa To Return Home In September: Report
Sri Lanka's former President Gotabaya Rajapaksa is all set to return to Sri Lanka in the first week of September, days after fleeing to Thailand.
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Sri Lanka Bans Import Of 300 Consumer Goods' Items To Stabilise Economy
Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos as part of the cash-strapped island nation's bid to tackle its worst economic crisis triggered by the shortage of foreign exchange.
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World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation
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.
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Sri Lanka Top Court Extends Travel Ban On Ex-PM Mahinda Rajapaksa
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 Lanka Elections: A Look At The 5 Key Candidates And What They Stand For
Sri Lanka, which is slowly recovering from its worst-ever economic crisis, will vote to elect the next President on Saturday.
-
IMF Approves $3 Billion Bailout For Debt-Ridden Sri Lanka
The IMF has approved a $3 billion bailout programme to help debt-ridden Sri Lanka overcome its economic crisis and catalyse financial support from other development partners, a move welcomed by Colombo on Tuesday as a "historic milestone".
-
"Blood Is Thicker Than Water": S Jaishankar On India-Sri Lanka Relations
Amid the economic crisis, External Affairs Minister S Jaishankar asserted that it is natural for India to stand by Sri Lanka during its difficult time as "blood is thicker than water".
-
Tamil Protesters In Sri Lanka Pull Out Shampoo To Wash Hair As Police Fire Water Cannons
In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.
-
"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
-
Debt Restructuring Talks With India Were "Successful": Sri Lanka President
Sri Lanka, which is trying to secure a $2.9 billion bridge loan from the International Monetary Fund (IMF), is also looking at financial assurances from its major creditors - China, Japan, and India.
-
Protests In Crisis-Hit Sri Lanka Against Inflation, Tax Hikes
Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.
-
UK To Deport Sri Lankan Refugees To 'Third Country': Report
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 Cuts Tax On Sanitary Napkins Amid Economic Crisis: Report
Amid the ongoing economic crisis in the country, Sri Lanka has cut taxes on female sanitary products in a bid to help women unable to afford the hygiene product, according to reports.
-
Sri Lanka's IMF Bailout Deal Could Be A Turning Point, Now It Courts China And India
Sri Lanka's International Monetary Fund bailout plan could be a turning point in its worst economic crisis.
-
"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
-
Ex-Lanka President Gotabaya Rajapaksa To Return Home In September: Report
Sri Lanka's former President Gotabaya Rajapaksa is all set to return to Sri Lanka in the first week of September, days after fleeing to Thailand.
-
Sri Lanka Bans Import Of 300 Consumer Goods' Items To Stabilise Economy
Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos as part of the cash-strapped island nation's bid to tackle its worst economic crisis triggered by the shortage of foreign exchange.
-
World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation
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 Lanka Top Court Extends Travel Ban On Ex-PM Mahinda Rajapaksa
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.
