Sri Lankan President Ranil Wickremesinghe has established a committee to oversee Sri Lanka’s utilization of the credit facility provided by the International Monetary Fund (IMF), state media reported on Sunday.
Sri Lanka’s green energy transition to be accelerated – Environment Minister Ahamed
Environment Minister Naseer Ahamed on Monday assured all potential investors that the Government is prepared to do its utmost in accelerating Sri Lanka’s green energy transition in a pro-business …
‘Thousands of families’ left landless, Sri Lankan civil society groups warn
The People’s Alliance for Right to Land urges the government to return land taken by the military during the civil war, and stop acquiring land for development projects that damage the livelihoods …
In Sri Lanka, a long and rocky road to economic recovery
“Sri Lanka will no longer be deemed bankrupt,” President Ranil … He worried that despite a historic people’s uprising, the ruling class has returned to politics and business as usual. Meanwhile, …
In Sri Lanka, a long and rocky road to economic recovery
“Sri Lanka will no longer be deemed bankrupt,” President Ranil … He worried that despite a historic people’s uprising, the ruling class has returned to politics and business as usual. Meanwhile, …
Sri Lanka considers options for domestic debt restructuring post-IMF bailout
Cash-strapped Sri Lanka is exploring the options for domestic debt restructuring in the post-IMF bailout scenario to further stabilise its shaken economy, an official statement said on Friday. Sri …
New Zealand Beat Sri Lanka By Six Wickets, Win ODI Series 2-0
New Zealand capitalized on another failure by Sri Lanka’s batters and avoided one of its own to win the third one-day international by six wickets in Hamilton on Friday and to take the three-match …
Young guides Blackcaps to one-day series victory over Sri Lanka at Hamilton
Middle-order batter Will Young’s steady hand has guided New Zealand to a one-day series victory over Sri Lanka at Hamilton’s Seddon Park. Chasing a modest 157-run target set by the tourists, the …
IMF’s Package to Sri Lanka Includes Corruption Fixing
On March 20, the International Monetary Fund (IMF) extended a $2.9 billion Extended Fund Facility (EFF) to support Sri Lanka. The approval is expected to pave the way for other financial institutions …
Why Tim Draper Is Betting on Sri Lanka’s Startup Scene
“Sri Lanka has been painted into a corner,” he told the crowd, a mix of local business brass and startup founders. “Entrepreneurs can be the little ripple that turns a tidal wave of economic growth.” …