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Tag: Sri Lanka

Posted on February 11, 2023

India’s economic rise vs crisis in Sri Lanka, Bangladesh, Nepal; here’s what India did right vs neighbours

Nepal’s economy is not in a good shape with its currency value in terms of the US dollar, foreign exchange reserves, banking and financial institution liquidity, government revenue, and employment …
Posted on February 9, 2023

Sri Lanka should have never defaulted prior to debt rescheduling

It was good news for Sri Lanka when Paris Club members at their meeting on January 25, 2023, in the presence of representatives from Hungary, Saudi Arabia, the Kuwait Fund for Arab Economic …
Posted on February 9, 2023

In final stages of negotiations with IMF on bailout package: Sri Lanka President

The IMF facility would enable Sri Lanka to obtain bridging finance from markets and other lending institutions such as the ADB and the World Bank. “We are in the final stages of negotiations with the …
Posted on February 9, 2023

In final stages of negotiations with IMF on bailout package: Sri Lanka President Wickremesinghe

President Ranil Wickremesinghe on Thursday said Sri Lanka was in the final stages of negotiations with the IMF on the much-awaited USD 2.9 billion bailout package that could help the debt-trapped …
Posted on February 9, 2023

Ireland: Paul Stirling and Josh Little to miss Tests in Bangladesh and Sri Lanka

Paul Stirling and Josh Little will miss Ireland’s Tests in Bangladesh and Sri Lanka as they juggle international and franchise commitments.
Posted on February 9, 2023

Jungles, jackfruit and community tourism: this is Sri Lanka at its best

Our author and her family are wowed by an ethical travel break, meeting local schoolchildren and visiting eco resorts set in verdant countryside and by pristine beaches …

( read original story …)



Posted on February 9, 2023

Sri Lanka’s Former Finance Minister Basil Rajapaksa Ready To Renounce US Citizenship

Basil, 71, who is a US passport holder, resigned as Sri Lanka’s finance minister in April last year as anti-government protests intensified against severe shortages of fuel, food and other essentials.
Posted on February 8, 2023

India is Sri Lanka’s biggest friend in time of crisis: PM Dinesh Gunawardena

Sri Lanka’s Prime Minister Dinesh Gunawardena has said that India is the biggest friend of the island nation in times of crisis. Sri Lanka declared bankruptcy last year and defaulted on its USD 51 …
Posted on February 7, 2023

Sri Lanka is bankrupt, but the people still want you to visit

Before the pandemic Sri Lanka was one of the hottest locations on the planet to visit, is that still the case after mass protests and an economic crisis?
Posted on February 7, 2023

Sri Lanka is bankrupt, but the people still want you to visit

Before the pandemic Sri Lanka was one of the hottest locations on the planet to visit, is that still the case after mass protests and an economic crisis?

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