Sri Lanka seen returning to growth by year-end, President says
COLOMBO (Reuters) – Sri Lanka’s economy is expected to grow again from the end of this year and the governmentContinue Reading
Category: Sri Lanka
Ex-Sri Lanka President Gotabaya Rajapaksa quizzed over hidden cash stash
Sri Lankan police told AFP on Wednesday they are investigating ousted president Gotabaya Rajapaksa over a hidden cash stockpile uncovered when protestersContinue Reading
Sri Lanka marks independence anniversary amid economic woes
COLOMBO, Sri Lanka (AP)– Sri Lanka marked its 75th independence anniversary on Saturday as a bankrupt nation, with many citizens angry,Continue Reading
China confirms offer to Sri Lanka of debt moratorium
BEIJING (AP) — China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments asContinue Reading
A group of private overseas Sri Lanka bondholders ready for debt restructuring talks
(Reuters) – A group of overseas private creditors is ready to hold debt restructuring talks with Sri Lanka consistent withContinue Reading
Sri Lanka’s powerful Buddhist clergy opposes full implementation of 13A to grant political autonomy to Tamils
(PTI)-Sri Lankan President Ranil Wickremesinghe’s plan to fully implement India-backed 13th Amendment to grant political autonomy to the minority TamilsContinue Reading
Paris Club to give Sri Lanka financing assurances amid IMF debt talks – sources
LONDON (Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a keyContinue Reading
China has not done enough on Sri Lanka debt restructuring – U.S. diplomat
COLOMBO (Reuters) – The United States wants China to provide credible and specific assurances to the International Monetary Fund (IMF)Continue Reading
Sri Lanka’s key inflation rate eases to 54.2% in January, an 8 month low
(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics departmentContinue Reading
Sri Lanka economy could shrink by -3.5% to -4%, president says
COLOMBO (Reuters) – Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, PresidentContinue Reading
MDW Live! News Network 