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Tag: Sri Lanka

Posted on May 2, 2022

China backs Sri Lanka’s decision to work with IMF to restructure debt

COLOMBO (Reuters) – China supports crisis-hit Sri Lanka’s decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing’s ambassador Qi Zhenhong told Sri Lankan Finance …

( read original story …)



Posted on May 2, 2022

Tanker strike worsens fuel woes in crisis-hit Sri Lanka

Sri Lanka is in the grip of a pandemic-spurred economic freefall, the worst since independence from Britain in 1948, which has led to food and fuel shortages – Copyright AFP Ishara S. KODIKARA Sri …

( read original story …)



Posted on May 2, 2022

Tanker strike worsens fuel woes in crisis-hit Sri Lanka

Sri Lanka is in the grip of a pandemic-spurred economic freefall, the worst since independence from Britain in 1948, which has led to food and fuel shortages – Copyright AFP Ishara S. KODIKARA Sri …

( read original story …)



Posted on May 2, 2022

Economic Crisis in Nepal: Will Kathmandu Witness a Fall Like Sri Lanka?

Nepal’s overall exports are also rising now and recorded a growth of over 15% from past year. This projects exports to cross three Billion US Dollars this financial year which will add value to the …

( read original story …)



Posted on May 2, 2022

Economic Crisis in Nepal: Will Kathmandu Witness a Fall Like Sri Lanka?

Nepal’s overall exports are also rising now and recorded a growth of over 15% from past year. This projects exports to cross three Billion US Dollars this financial year which will add value to the …

( read original story …)



Posted on May 2, 2022

THE ECONOMY OF SRI LANKA Pt 2

Only India is ahead of Sri Lanka at number 71. Sri Lanka was placed high in the region in Global Infrastructure Index, Economic Freedom Ease of doing business Index, and Global Competitiveness Index.

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Posted on May 1, 2022

Sri Lanka wants inclusive distribution of aid: Jaishankar tells Tamil Nadu

Presently, Sri Lanka is struggling with acute food and electricity shortages … (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the …

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Posted on May 1, 2022

Can Sri Lanka dig itself out of a $50 billion debt?

Ishara S. Kodikara for AFP via Getty Images After a month of intense civilian-led protests over Sri Lanka’s deteriorating economy, President Gotabaya Rajapaksa agreed to appoint a new council on …

( read original story …)



Posted on May 1, 2022

Can Sri Lanka dig itself out of a $50 billion debt?

Ishara S. Kodikara for AFP via Getty Images After a month of intense civilian-led protests over Sri Lanka’s deteriorating economy, President Gotabaya Rajapaksa agreed to appoint a new council on …

( read original story …)



Posted on April 30, 2022

No choice but to raise sales tax: Sri Lanka finance chief Ali Sabry

Sri Lanka’s finance minister has told the BBC he has no choice but to hike the country’s sales tax as it faces its worst ever economic crisis. In an exclusive interview, Ali Sabry conceded the …

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