Sri Lanka Can’t Use $1.5 Billion China Swap on IMF Concerns
(Bloomberg) — Bankrupt Sri Lanka can’t tap a $1.5 billion credit line from China as the Chinese are concerned theContinue Reading
Category: Sri Lanka
Sri Lanka seeks to secure $5 billion in funds for import payments
COLOMBO (Reuters) – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuelContinue Reading
Sri Lanka Detains Russian Aeroplane
(AFP)-A Russian-operated aeroplane was seized in Sri Lanka Thursday shortly before it was due to return to Moscow with nearlyContinue Reading
Sri Lankans turn to social media for help as economic crisis bites
Fuel, medicine run short in deep economic crisis Many turn to online platforms for mutual aid Poor and vulnerable leftContinue Reading
Sri Lanka seeking $3 bln under IMF Extended Fund Facility
COLOMBO/LONDON, June 1 (Reuters) – Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at leastContinue Reading
Sri Lanka’s President Won’t Be Stepping Down Soon, Minister Says
(Bloomberg) — Sri Lankan President Gotabaya Rajapaksa signaled to a group of lawmakers just before they joined his cabinet thatContinue Reading
Sri Lanka seeking $3 Billion under IMF Extended Fund Facility – sources
COLOMBO/LONDON, June 1 (Reuters) – Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billionContinue Reading
Crisis-hit Sri Lanka Hikes Tax Rates To Maximise Govt Revenues as Inflation Hits a Record 39% in May
Sri Lanka’s cash-strapped government on Tuesday announced a taxation overhaul to boost revenue amid the country’s crippling economic crisis, hikingContinue Reading
Sri Lanka appeals for farmers to plant more rice as food shortage looms
COLOMBO, May 31 (Reuters) – Sri Lanka wants farmers to plant more rice as part of plans to avert aContinue Reading
Sri Lanka Urges Airlines to Fly Full Tank or Fill Elsewhere
Emirates, SriLankan among carriers forced to fill up overseas Island nation going through shortage of all essential supplies Bloomberg –Continue Reading
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