Finance minister has made a request for a Rapid Financing Instrument with the IMF. What are the chances for a bailout?
Sri Lanka says India, World Bank consider US$2 billion bridge finance
COLOMBO: Sri Lanka’s finance minister said on Friday (Apr 22) that its neighbour India and the World Bank are considering extending about US$2 billion in bridge finance so it can continue essential …
Reforming and Re-starting Sri Lanka
Photo courtesy of The Guardian Sri Lanka’s economy has collapsed due to years of mismanagement. Now heading for a political showdown, the country is officially bankrupt, unable to service the …
China must be treated as equal Sri Lanka creditor: India to IMF, World Bank
“All creditors must be treated equally and with transparency,” Sitharaman said in an interview in Washington Friday. “I’ve emphasized that point in general and in the context of Sri Lanka.” …
Ukraine’s post-war future, Sri Lanka’s worst economic crisis
Even what should be the most straightforward matter in concluding a war – negotiating the terms of disengagement and military withdrawals – is guaranteed to be fiendishly complicated in the case of …
Ukraine’s post-war future, Sri Lanka’s worst economic crisis
Even what should be the most straightforward matter in concluding a war – negotiating the terms of disengagement and military withdrawals – is guaranteed to be fiendishly complicated in the case of …
Sri Lanka’s economic crisis casts shadow on tourism
STORY: Sri Lanka’s southern city of Galle … Samitha, who works at the Galle Fort Hotel says the business is struggling and bookings are down. “The political crisis is there. People are protesting.
Sri Lanka’s economic crisis casts shadow on tourism
STORY: Sri Lanka’s southern city of Galle … Samitha, who works at the Galle Fort Hotel says the business is struggling and bookings are down. “The political crisis is there. People are protesting.
Sri Lanka’s economic crisis dashes hopes for post COVID-19 tourism recovery
With its ancient fort and sandy beaches, the city of Galle on Sri Lanka’s southern coast should be awash with holidaymakers at this time of year.
Sri Lanka’s economic crisis dashes hopes for post COVID-19 tourism recovery
With its ancient fort and sandy beaches, the city of Galle on Sri Lanka’s southern coast should be awash with holidaymakers at this time of year.