Sri Lanka Bans Import Of 300 Consumer Items To Stabilise Economy
According to the reports, the special notification issued by the Sri Lankan finance ministry on August 22 bans the import of a total of 300...
Tag : Sri Lanka Economic Crisis
Ranil Wickremesinghe Elected As The New President Of Sri Lanka
Acting President Ranil Wickremesinghe, Dullas Alahapperuma, a dissident ruling party MP backed by the main opposition, and leftist Janatha Vimukthi Peramuna (JVP) leader Anura Kumara...
World Bank Rules Out Bridge Financing To Crisis-Hit Sri Lanka
Recent media reports have inaccurately stated that the World Bank is planning support for Sri Lanka in the form of a bridge loan or new...
Sri Lanka Appoints Former Maldives President Nasheed To Coordinate Relief Efforts
Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices, and power cuts affecting a large number of...
Sri Lanka Crisis: President Rajapaksa Appoints New Cabinet
The new cabinet was appointed following the resignation previous cabinet on April 03. ...
Sri Lanka Announces Default On Its All External Debt
The finance ministry said creditors, including foreign governments that had lent to the South Asian nation, were free to capitalise any interest payments due to...
Sri Lanka: Massive Protests Mount Pressure On President Rajapaksa To Quit
President Rajapaksa and his elder brother, Prime Minister Mahinda Rajapaksa, continue to hold power in Sri Lanka, despite their politically powerful family being the focus...
President Gotabaya Rajapaksa Will Not Resign: Sri Lanka Govt
The president and his older brother, Prime Minister Mahinda Rajapaksa, continue to hold power in Sri Lanka, despite their politically powerful family being the focus...