The worsening economic crisis that Sri Lanka and many other nations are experiencing does not threaten Bangladesh with a debt catastrophe. More than 10 nations face the possibility of an economic …
India to invest more in Sri Lanka after crisis support of $3.8 bln -report
India is willing to make more investments in neighbouring Sri Lanka after supporting it with $3.8 billion this year, New Delhi’s envoy in Colombo told the Indian Express newspaper. NEW DELHI, July 19 …
As Sri Lanka Stares At Severe Economic Crisis, Centre To Hold All-party Meet On July 19
The Central Government is set to hold an all-party meeting to discuss the situation in the neighboring island country, Sri Lanka, on Tuesday.
As Sri Lanka Stares At Severe Economic Crisis, Centre To Hold All-party Meet On July 19
The Central Government is set to hold an all-party meeting to discuss the situation in the neighboring island country, Sri Lanka, on Tuesday.
Sri Lanka seeking new investments for Colombo Port City
The Central Bank of Sri Lanka has approved a new type of bank account to attract capital from overseas. The funds can be used only to set up businesses, not import raw materials. The authorities hope …
Amid Protests, Sri Lanka’s Acting President Declares a State of Emergency
Sri Lanka’s acting president on Monday declared a state of emergency giving him broad authority amid growing protests demanding his resignation two days before the country’s lawmakers are set to elect …
Sri Lanka’s economy needs revamp: Current tax system making the poor poorer, the rich richer
Economists are of the view that Sri Lanka’s current taxation system needs revamping, as it currently makes the poor poorer while making the rich richer, according to Sri Lanka’s news agency Sunday …
Sri Lanka economic crisis Highlights: PM Ranil Wickremesinghe’s private home set afire, angry mob takes to streets
Thousands of protesters in Sri Lanka’s commercial capital Colombo stormed the president’s official residence and his secretariat on Saturday amid months of mounting public anger over the country’s …
Sri Lanka talks to move quite quickly when new leaders set: IMF
The IMF signalled just days ago that higher authorities needed to be in place in Sri Lanka in order for restructuring talks to resume …
Govt calls all-party meet on Sri Lanka crisis on Tuesday
Finance Minister Nirmala Sitharaman and External Affairs Minister S Jaishankar will brief leaders of various political parties on the Sri Lankan crisis during an all-party meeting on Tuesday, …