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 …
Why Bangladesh is a different story than Sri Lanka and Pakistan
By John Rozario According to World Bank ‘s latest report, Bangladesh (South Asian country) has a strong track record of development and pro …
Neighbourhood, not Ukraine war, should be India’s priority now
At a time when there are suggestions for India to play a peacemaker’s role in the Ukraine war, the South Asian neighbourhood — from Pakistan on the land-side to Sri Lanka on the Oceanfront — is in tro …
Sri Lanka defaults on $51 billion debt
Colombo: Crisis-hit Sri Lanka said it was defaulting on all payments on its $51-billion external debt after running out of foreign exchange to import desperately needed goods. Acu …
Why Bangladesh A Different Story Than Sri Lanka And Pakistan? By John Rozario
According to World Bank’s latest report, Bangladesh (South Asian country) has a strong track record of development and prosperity. Over the last decade, it has been one of the world’s fastest growing …
EXCLUSIVE India open to additional $2 bln aid for Sri Lanka with eye on China – sources
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 …
Sri Lanka seeks India’s help on ‘bridge finance’ while IMF deal is worked out
Ahead of the World Bank(WB) and the International Monetary Fund (IMF) Spring meetings in Washington next week, Sri Lanka is seeking India’s assistance in garnering at least $3 billion in “bridging …
Sri Lanka seeks India’s help on ‘bridge finance’ while IMF deal is worked out
Ahead of the World Bank(WB) and the International Monetary Fund (IMF) Spring meetings in Washington next week, Sri Lanka is seeking India’s assistance in garnering at least $3 billion in “bridging …
Sri Lanka seeks India’s help on ‘bridge finance’ while IMF deal is worked out
Ahead of the World Bank(WB) and the International Monetary Fund (IMF) Spring meetings in Washington next week, Sri Lanka is seeking India’s assistance in garnering at least $3 billion in “bridging …
Sri Lanka seeks India’s help to secure bridge financing amid economic crisis
The issue of India’s support for securing both bridge financing and the economic adjustment programme with the IMF figured when Sri Lanka’s high commissioner Milinda Moragoda met India’s finance minis …