Bankrupt Sri Lanka clears budget as IMF bailout delays
COLOMBO (AFP) Crisis-hit Sri Lanka’s parliament Thursday approved President Ranil Wickremesinghe’s 2023 budget, vital to raising government revenue and securingContinue Reading
Category: Sri Lanka
Sri Lanka’s Parliamant approves budget amid economic crisis
COLOMBO (AP)- Sri Lanka’s Parliament approved a budget on Thursday that includes reforms aimed at improving the country’s finances as itContinue Reading
‘He did nothing wrong’: Sri Lankan origin Family of Texas entrepreneur fatally shot by police say he was defending his home
(From NBC News) -A tech entrepreneur in Texas wasn’t given ample time to drop a rifle he was carrying onContinue Reading
Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’
Dec 1 (Reuters) – Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”, citingContinue Reading
Sri Lanka’s debt to China close to 20% of public external debt -study
LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt –Continue Reading
Sri Lanka’s national consumer price inflation slows to 70.6% in Oct
(Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) slowed year-on-year to 70.6% in October after a record 73.7% jump inContinue Reading
Sri Lankan cricketer accused of rape, Danushka Gunathilaka, banned from Tinder while on bail
Sri Lankan cricketer Danushka Gunathilaka has been banned from using Tinder and his social media accounts after being granted bailContinue Reading
Sri Lanka govt takes over $1.7 bn in debt owed to China
(AFP)-Crisis-hit Sri Lanka said Monday it would take responsibility for $1.7 billion owed to China by state enterprises as itContinue Reading
Sri Lanka budget lays down plans to clinch IMF deal; markets not enthused
COLOMBO (Reuters) -The crisis-hit Sri Lankan economy can turn around by the end of 2023 if budget policies, which areContinue Reading
Sri Lanka’s 2023 budget aims to put crisis-hit economy back on track
COLOMBO (Reuters) – Sri Lanka’s new government will release the 2023 budget on Monday focused on boosting revenue, implementing taxContinue Reading
