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Tag: Sri Lanka

Posted on July 28, 2022

Sri Lanka crisis: Rajapaksa flees to Maldives, emergency declared

Amid an escalating political crisis in a country already reeling under its worst financial crisis in decades, Sri Lankan President Gotabaya Rajapaksa fled to Maldives on Wednesday, July 13, from where …

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Posted on July 28, 2022

Dhananjaya de Silva makes Pakistan play by his tune

It was Dhananjaya de Silva who topped that poll for Sri Lanka, no doubt having won over a fair few Pakistanis across the previous three days. He’d come in with Sri Lanka struggling on day one, and …

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Posted on July 27, 2022

IMF says Sri Lanka needs to talk with China about debt restructuring

The island of 22 million is currently engulfed by its most severe economic and political crisis in recent history …

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Posted on July 26, 2022

Myanmar Says It Has Enough Funds to Avert Sri Lanka-Like Crisis

Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation …

( read original story …)



Posted on July 26, 2022

Myanmar Says It Has Enough Funds to Avert Sri Lanka-Like Crisis

Myanmar has sufficient foreign reserves to avoid an economic crisis similar to Sri Lanka’s, the military government said, pushing back on suggestions by some analysts that the Southeast Asian nation …

( read original story …)



Posted on July 26, 2022

Bangladesh seeks $4.5 bln IMF loan as deficit widens, newspaper says

Bangladesh has sought a $4.5 billion loan from the International Monetary Fund, the Daily Star newspaper reported on Tuesday, joining South Asian neighbours Pakistan and Sri Lanka in seeking help to …

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Posted on July 25, 2022

Laos’s China problem is ominously similar to crisis-ridden Sri Lanka’s

Laos faces bankruptcy, but like another crisis-ridden Asian state, Sri Lanka, its future is not in its own hands. That role is played by China, whose aggressive lending has helped to take one country …

( read original story …)



Posted on July 25, 2022

Laos’s China problem is ominously similar to crisis-ridden Sri Lanka’s

Laos faces bankruptcy, but like another crisis-ridden Asian state, Sri Lanka, its future is not in its own hands. That role is played by China, whose aggressive lending has helped to take one country …

( read original story …)



Posted on July 25, 2022

What lies ahead for Sri Lanka?

SRI Lanka, an island nation with a population of 22 million, is in serious trouble both economically and politically. The country has run short of fuel, electricity, food and medical supplies. Its …

( read original story …)



Posted on July 25, 2022

What lies ahead for Sri Lanka?

SRI Lanka, an island nation with a population of 22 million, is in serious trouble both economically and politically. The country has run short of fuel, electricity, food and medical supplies. Its …

( read original story …)



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