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Tag: Sri Lanka

Posted on September 4, 2022

Bangladesh will not face any Sri Lanka type crisis: PM Sheikh Hasina, says her country takes loans only after much diligence

Dismissing concerns that Bangladesh could go the Sri Lanka way Prime Minister Sheikh Hasina said that despite the Covid-19 onslaught and the conflict in Ukrain …

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Posted on September 4, 2022

Lanka is bankrupt because of the Rajapaksas, says Chandrika Kumaratunga

By Meera Srinivasan Sri Lanka’s economic crisis is a consequence of the corruption over two Rajapaksa regimes, said former President Chandrika Bandaranaike Kumaratunga, admitting she is “thrilled” by …

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Posted on September 3, 2022

IMF agrees to provide crisis-hit Sri Lanka $2.9 billion

The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka.

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Posted on September 3, 2022

What everyone needs to do, see, and eat on a trip to Sri Lanka

It’s 3pm, we have just arrived in Sri Lanka, and although we ate on the plane (Sri Lankan airlines which has the distinct advantage of flying here direct) it’s time for a small top-up. Cue our first …

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Posted on September 3, 2022

Amid economic crisis, Sri Lanka’s parliament passes interim budget

Sri Lanka’s parliament has passed an interim budget with 120 votes for, five votes against and 43 abstentions. The members of parliament (MPs) who abstained from voting on Friday included those from …

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Posted on September 3, 2022

Amid economic crisis, Sri Lanka’s parliament passes interim budget

Sri Lanka’s parliament has passed an interim budget with 120 votes for, five votes against and 43 abstentions. The members of parliament (MPs) who abstained from voting on Friday included those from …

( read original story …)



Posted on September 3, 2022

With no immunity, Sri Lanka’s Rajapaksa faces legal troubles

Sri Lanka’s ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced …

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Posted on September 3, 2022

Sri Lanka snatches thrilling 2-wicket win over Bangladesh

Sri Lanka pulled off a sensational two-wicket victory over Bangladesh and advanced to the Super 4 stage of Asia Cup on Thursday. In a must-win last Group B game, Sri Lanka’s tailenders held their …

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Posted on September 2, 2022

Japan calls for creditor nations’ talks on Sri Lanka debt restructuring

Japanese Finance Minister Shunichi Suzuki on Friday urged all creditor nations to discuss Sri Lanka’s debt restructuring, after the crisis-hit South Asian nation reached a loan agreement with the …

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Posted on September 2, 2022

IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka.

( read original story …)



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