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Tag: Sri Lanka

Posted on April 21, 2022

India to provide additional $500 million, Sri Lanka says. Read here

Sri Lanka, which is on the brink of bankruptcy, is grappling with an unprecedented economic turmoil, the worst since its independence from Britain in 1948 …

( read original story …)



Posted on April 21, 2022

India’s Finance Minister assures all possible economic assistance to crisis-hit Sri Lanka

Finance Minister Nirmala Sitharaman met her Sri Lankan counterpart Ali Sabry in Washington and assured him that as a close friend and good neighbour, India will try to extend all possible cooperation …

( read original story …)



Posted on April 21, 2022

How Is Sri Lanka’s Economic Crisis Impacting Small Businesses | India Business Hour | CNBC TV18

As Sri Lanka’s economic crisis deepens, the impact continues to form a ripple effect on small businesses. Santia Gora speaks to business owners to get a sense of the issues they are …

( read original story …)



Posted on April 21, 2022

How Is Sri Lanka’s Economic Crisis Impacting Small Businesses | India Business Hour | CNBC TV18

As Sri Lanka’s economic crisis deepens, the impact continues to form a ripple effect on small businesses. Santia Gora speaks to business owners to get a sense of the issues they are …

( read original story …)



Posted on April 21, 2022

Sri Lanka’s deepening economic crisis hits its imports and exports

With the prevalent situation, India’s exporters are rethinking plans to send shipments to Sri Lanka as state-run companies have run out of money and private buyers have cancelled orders. Without …

( read original story …)



Posted on April 21, 2022

Sri Lanka’s deepening economic crisis hits its imports and exports

With the prevalent situation, India’s exporters are rethinking plans to send shipments to Sri Lanka as state-run companies have run out of money and private buyers have cancelled orders. Without …

( read original story …)



Posted on April 21, 2022

Sri Lanka’s political instability will not impede IMF’s decision to help, says business chamber

Vish Govindasamy of the Ceylon Chamber of Commerce discusses Sri Lanka’s economic crisis ahead of the country’s talks with the International Monetary Fund.

( read original story …)



Posted on April 20, 2022

IMF says any loan to Sri Lanka requires debt sustainability

The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an early stage.

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Posted on April 20, 2022

IMF asks Sri Lanka to restructure debt before bailout

The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to “restructure” its huge foreign debt before a bai …

( read original story …)



Posted on April 20, 2022

Finance minister Nirmala Sitharaman warns of misuse of cryptos for money laundering, terror funding

To this, the IMF chief assured the finance minister that the multilateral body will continue to actively engage with Sri Lanka and also lauded India’s efforts to help out the island nation in its …

( read original story …)



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