Sri Lanka’s prime minister says the island nation’s debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short …
A world apart, Lebanon and Sri Lanka share economic collapse
A shared history of political turmoil and violence in two countries a world apart, Lebanon and Sri Lanka, led to the collapse of once-prosperous economies that have been bedeviled by …
A world apart, Lebanon and Sri Lanka share economic collapse
A shared history of political turmoil and violence in two countries a world apart, Lebanon and Sri Lanka, led to the collapse of once-prosperous economies that have been bedeviled by …
Nepal’s economy not like Sri Lanka’s, but can go that way: Former central bank Guv
Dipendra Bahadur Chhetri, the former Governor of Nepal Rastra Bank (NRB), has said that the situation of Nepal’s economy is not like that of Sri Lanka. However, if the political rights are given to …
Japan to provide support to Sri Lanka for economic programme: Envoy Hideaki
Japanese Ambassador to Sri Lanka Mizukoshi Hideaki said that Japan is ready to support Sri Lanka for its economic programme with the IMF and for the development activities of the country …
Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?
Two of India’s neighbouring countries – Sri Lanka and Pakistan have been reeling under unprecedented economic crises for the past few months. Where Sri Lanka’s troubles have increased in view of …
Debt-Ridden, Sipping Less Tea: Is Pakistan The Next Sri Lanka?
Two of India’s neighbouring countries – Sri Lanka and Pakistan have been reeling under unprecedented economic crises for the past few months. Where Sri Lanka’s troubles have increased in view of …
IMF’s Sri Lanka, Pakistan Talks In Focus As $66 Billion At Risk
Sri Lanka is due to conclude bailout negotiations with the International Monetary Fund Thursday, just as South Asian peer P …
Will Laos default on its debt?
The situation in Laos does not look as catastrophic. But many of the same conditions that plunged Sri Lanka into turmoil are present. The economy was already suffering from the absence of tourists, …
Why did Sabry-Nandalal & Sri Lanka’s top economists & business leaders recommend to stop debt repayment & float the rupee?
These are the outcomes from declaring Sri Lanka bankrupt by Finance Minister Sabry & Governor Nandalal & recommended by business leaders in Sri Lanka Sri Lankans are facing shortage of fuel, gas, …