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Tag: Sri Lanka

Posted on April 30, 2022

A political reckoning in Sri Lanka as debt crisis grows

Sherry Fonseka joined millions in 2019 in electing President Gotabaya Rajapaksa, a military strategist whose brutal campaign helped end Sri Lanka’s 30-year civil war 10 years earlier.

( read original story …)



Posted on April 30, 2022

Sri Lanka crisis: Indian Navy delivers first consignment of critical medicine in Colombo

reported the Business Standard. Amid the ongoing economic crisis in Sri Lanka, India diverted tonnes of fuel multiple times to the neighbouring country as it was struggling for diesel. Also read: …

( read original story …)



Posted on April 29, 2022

Pakistan Won’t Default on Debt Like Sri Lanka: Finance Minister

Pakistan will not be in the same predicament as neighboring Sri Lanka and has a strategy to restock its forex reserves. In an interview with Al Jazeera, Finance Minister Miftah Ismail asserted …

( read original story …)



Posted on April 29, 2022

Pakistan has a ‘strategy’ to boost shrinking forex reserves: FM

With barely enough reserves to cover two months of imports, finance minister says it will not be the next Sri Lanka.

( read original story …)



Posted on April 29, 2022

Reeling From a Forex Crunch, Is Nepal Staring at a ‘Sri Lankan Scenario’?

Why is Nepal facing a forex crisis? What are the factors behind it? How similar is Nepal’s situation to Sri Lanka’s? And what can Nepal do to avoid the calamity that Sri Lanka is facing? Let’s begin …

( read original story …)



Posted on April 29, 2022

Reeling From a Forex Crunch, Is Nepal Staring at a ‘Sri Lankan Scenario’?

Why is Nepal facing a forex crisis? What are the factors behind it? How similar is Nepal’s situation to Sri Lanka’s? And what can Nepal do to avoid the calamity that Sri Lanka is facing? Let’s begin …

( read original story …)



Posted on April 29, 2022

Is Nepal Going the Way of Sri Lanka?

Although Nepal’s economic health is worrying, tourism is picking up and foreign remittances are poised to increase.

( read original story …)



Posted on April 29, 2022

Bangladesh recall Nayeem for injured Mehidy

Bangladesh on Wednesday recalled off-spinner Nayeem Hasan to replace injured all-rounder Mehidy Hasan for the first Test against Sri Lanka next month. Nayeem Hasan Nayeem played the last of his seven …

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Posted on April 28, 2022

Sri Lanka Chaos Opens Tea Export Opportunity That India May Miss

India, the world’s second-biggest tea producer, will likely fail to take advantage of an export gap in the global market sparked by Sri Lanka’s economic crisis, according to a top grower. Most Read …

( read original story …)



Posted on April 28, 2022

A Powerful Dynasty Bankrupted Sri Lanka in Just 30 Months

Ahead of the November 2019 election, Sri Lankan presidential challenger Gotabaya Rajapaksa proposed sweeping tax cuts so reckless the incumbent government thought it must be a campaign gimmick. Most …

( read original story …)



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