Dilshan Wirasekara of the Colombo Stock Exchange says Sri Lanka could face four to five more months of difficulty before it gets formal approval for an International Monetary Fund program. Like us on …
Sri Lanka stock exchange chairman foresees four to five more months of difficulty
Dilshan Wirasekara of the Colombo Stock Exchange says Sri Lanka could face four to five more months of difficulty before it gets formal approval for an International Monetary Fund program. Like us on …
China’s Xi offers Sri Lanka’s new president support amid crisis
Chinese President Xi Jinping offered Sri Lanka’s new president his support on Friday, state broadcaster CCTV reported, as the Indian Ocean island grapples with its worst economic crisis in decades.
How crisis unfolded in Sri Lanka
A deepening economic crisis in Sri Lanka sparked mass protests that forced President Gotabaya Rajapaksa to flee the country, leaving his successor, Ranil Wickremesinghe, to declare a …
Nepal, despite credit shortage will not be Sri Lanka
Unlike Sri Lanka, Nepal is witnessing an uptick in tourism and remittances and the Himalayan nation may survive current financial crisis Nepal is currently experiencing a credit shortage due to the …
IMF director describes Sri Lanka as ‘warning sign’ for countries with high debt levels, limited policy space
The IMF Chief made these straightforward remarks at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) held in Indonesia which kicked off on July 15. The war in Ukraine …
IMF director describes Sri Lanka as ‘warning sign’ for countries with high debt levels, limited policy space
The IMF Chief made these straightforward remarks at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) held in Indonesia which kicked off on July 15. The war in Ukraine …
IMF director describes Sri Lanka as ‘warning sign’ for countries with high debt levels, limited policy space
The IMF Chief made these straightforward remarks at the hybrid meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) held in Indonesia which kicked off on July 15. The war in Ukraine …
President Ranil faces uphill task in Sri Lanka
Sri Lanka’s Prime Minister Ranil Wickremesinghe gestures as he speaks during an interview with Reuters at his office in Colombo, Sri Lanka, May 24, 2022. REUTERS/Adnan Abidi/File Photo Although IMF …
Will Ranil Wickremesinghe move into palace stormed by Sri Lankan protesters?
Sri Lanka’s new president on Thursday — less than two weeks after protesters stormed the presidential residence in Colombo. He will serve in the position until the end of his predecessor Gotabaya …