Colombo: Amid a deepening economic crisis and growing public unrest, Sri Lanka’s finance minister Ali Sabry has resigned a day after being sworn in.
EXCLUSIVE Ex-Sri Lanka cenbanker Weerasinghe says he accepts offer to be new governor
Former Central Bank of Sri Lanka (CBSL) official P. Nandalal Weerasinghe said on Monday he had accepted an offer from the country’s president to become the bank’s next governor amid a deepening …
Trust vote in Pakistan – constitutional issues
Sunday was a day of tumult for South Asia, with major political developments in Pakistan and Sri Lanka. While the resignation of 26 cabinet ministers of Sri Lanka was prompted by the economic crisis …
Sri Lanka crisis: Rajapaksa’s grip on power weakens; Finance Minister resigns within 24 hours of appointment
President Rajapaksa had appointed Sabry after sacking his brother Basil Rajapaksa, who was at the center of anger within the ruling Sri Lanka Podujana Peramuna (SLPP) coalition. In a letter to the …
‘Bangladesh’s economic future shouldn’t be measured through Sri Lanka’s situation’
Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.
India risks going the Sri Lanka way if freebie problem left unchecked: TN finance minister
Tamil Nadu Minister for Finance Palanivel Thiagarajan has said that the central government hatched “populist measures and one-size-fits-all schemes without debate and this could cause real damage”. He …
IMF says monitoring political and economic developments in Sri Lanka ‘very closely’
The International Monetary Fund (IMF) said on Tuesday that it is monitoring political and economic developments in Sri Lanka “very closely” as public unrest in the island nation grows amid its worst …
Chinese trap: When Gen. Rawat had warned Nepal about what Sri Lanka, Pak started at
Both Sri Lanka and Pakistan are in economic doldrums and the political crisis is only adding to the worse of these two nations that neighbour India.One of the main reasons for this is the Chinese debt …
Sri Lanka & Malaysia: Some parallels, some lessons
If Malaysia is not to go the way of Sri Lanka it has to rectify weaknesses that are similar to those of the island nation.
‘Rice from India to arrive in the country soon,’ says Indian envoy to Sri Lanka Gopal Baglay
Rice from India to arrive in the country soon,’ says Indian envoy to Sri Lanka Gopal Baglay – India’s High Commissioner to Sri Lanka Gopal Baglay has said that rice from India will arrive in the …