With civil unrest, the resignation of half the cabinet and a standstill on sovereign debt repayment, Sri Lanka’s new finance minister, secretary to the treasury and governor of the Central Bank of Sri …
Bangladesh is not going to be a Sri Lanka: PMO
The size of Bangladesh economy and volume of exports are bigger than those of Sri Lanka and Pakistan put together, while foreign currency reserves are more than double the amounts held by these two …
India to provide Sri Lanka US$2 billion more
With Sri Lanka having announced a temporary suspension of its debt payment, India is reportedly willing to step in and provide financial assistance of another two billion dollars to the nation. Sri …
India to provide Sri Lanka US$2 billion more
With Sri Lanka having announced a temporary suspension of its debt payment, India is reportedly willing to step in and provide financial assistance of another two billion dollars to the nation. Sri …
India open to additional $2 bln aid for Sri Lanka
India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as New Delhi tries to …
India open to additional $2 bln aid for Sri Lanka
India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as New Delhi tries to …
India finally on board, but Trincomalee oil farm now waits for economy crisis to lift
India’s prized agreement with Sri Lanka for the joint development of the Trincomalee Oil Tank farm, signed earlier this year after a 35-year wait, may take years to turn around and at least a 100 …
Bankrupt Sri Lanka looks to expand airline fleet
Cash-strapped Sri Lanka’s loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry
In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with …
Sri Lanka seeking 3-4 billion dollars this year to stave off crisis, says Finance Minister Ali Sabry
In Sri Lanka, Finance Minister Ali Sabry said that country needs between 3 billion to 4 billion dollars this year to pull itself out of an unprecedented economic crisis and plans to start talks with …