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Tag: Sri Lanka

Posted on December 10, 2022

Bangladesh on razor’s edge: Why India must wake up to the looming economic crisis and political instability to its east

For the first time since 2009, Sheikh Hasina is on the back foot and a Sri Lanka-level macro-economic breakdown is a possibility. There is a dire need for calibrated behind-the-scenes intervention by …
Posted on December 9, 2022

Myanmar barbed wire image misleadingly shared as ‘Sri Lankan president’s reinforced home’

An image of a wall topped with multiple layers of barbed wire has been misleadingly shared in Facebook posts in crisis-hit Sri Lanka that claim it shows President Ranil Wickremesinghe’s reinforced …

( read original story …)



Posted on December 9, 2022

Why Americans Should Care About Sri Lanka’s Economic Crisis | Opinion

The status quo—broad-based government interference—only exacerbates inflation and other economic issues in Sri Lanka. The only viable solution is a gradual liberalization of the economy.
Posted on December 8, 2022

Sri Lankan parliament passes 2023 budget

The Sri Lankan parliament on Thursday passed the 2023 budget with a majority of 43 votes. According to the 2023 budget, the total government expenditure for the year will be 5,819 billion rupees (16 …
Posted on December 8, 2022

No point in economic reforms when we don’t have an economy: Sri Lanka Prez

President Ranil Wickremesinghe has acknowledged that there was no point in economic reforms in Sri Lanka because the cash-starved island nation didn’t have an economy …
Posted on December 8, 2022

Sri Lanka held ‘successful’ talks with India on debt restructuring: Prez Wickremesinghe

Read more about Sri Lanka held ‘successful’ talks with India on debt restructuring: Prez Wickremesinghe on Devdiscourse …
Posted on December 8, 2022

Tropical Cyclone Mandous brings heavy rainfall to India and Sri Lanka

Tropical Cyclone Mandous brings heavy rainfall to India and Sri Lanka, with Chennai being a potential area of flash flooding. CNN meteorologist Derek Van Dam has the forecast.
Posted on December 8, 2022

Sri Lanka crisis is an opportunity for fundamental reforms: WB VP

World Bank Vice President for South Asia Martin Raiser concluded a three-day visit to Sri Lanka today, underscoring the need for urgent action to reverse the deep crisis through long overdue reforms.
Posted on December 8, 2022

Sri Lanka crisis is an opportunity for fundamental reforms: WB VP

World Bank Vice President for South Asia Martin Raiser concluded a three-day visit to Sri Lanka today, underscoring the need for urgent action to reverse the deep crisis through long overdue reforms.
Posted on December 7, 2022

China donates another consignment of medical supplies to Sri Lanka

With the latest consignment, which arrived in Sri Lanka on Tuesday, China has donated 5 billion rupees worth of medical supplies to Sri Lanka since the economic crisis …

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