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Tag: Sri Lanka

Posted on January 14, 2023

Indians travelling to Sri Lanka advised to comply with new Covid protocols

All Indian nationals travelling to Sri Lanka have been advised to follow the country’s revised Covid-19 protocols, the Indian High Commission here said on Saturday.
Posted on January 14, 2023

Sri Lanka Concludes Debt Restructuring Talks With Japan: President Wickremesinghe

The IMF bailout has been put on a halt as Sri Lanka pursues talks with creditors to meet the global lender’s condition for the facility …
Posted on January 14, 2023

Woes of country mounting with bailout delay, Sri Lanka tells international forum

As Sri Lanka continues to face delays in securing the much sought-after bailout from the International Monetary Fund (IMF), the government admitted this week that the situation is becoming …
Posted on January 13, 2023

Sri Lanka to cut army by half after financial crisis

The cuts make up the lion’s share of plans to downsize Sri Lanka’s land forces to 100,000 by the end of the decade.

( read original story …)



Posted on January 13, 2023

Cash-strapped Sri Lanka plans to downsize military by half by 2030

President Ranil Wickremesinghe said last year that military strategy reforms were needed to gear the island’s army to face new challenges …
Posted on January 13, 2023

Sri Lanka Given 6 More Months To Repay Bangladesh’s $200M Loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation r …
Posted on January 12, 2023

Why China cannot write off Sri Lanka’s debt despite leniency by IMF

Sri Lanka’s crisis was caused primarily by economic mismanagement since its Independence in 1948, topped by some unthinking policies of then president, Gotabaya Rajapaksa …
Posted on January 12, 2023

Bangladesh Gives Sri Lanka 6 More Months To Repay $200M Loan

The Bangladesh Bank has extended the repayment period of the $200 million loan to Sri Lanka by six months until September this year ami …
Posted on January 12, 2023

Economic crisis-hit Sri Lanka’s central bank urges India, China to reduce debts at earliest

India is owed by Sri Lanka around $1 billion, while China’s lending to the island nation stands at around $7 billion …
Posted on January 12, 2023

House Price Change 10 Years (Real) in Sri Lanka compared to Asia

Source: Various sources Sri Lanka does not have official house price statistics. The Central Bank of Sri Lanka has a monthly housing approval index, and general economics statistics.

( read original story …)



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