Crisis-hit Sri Lanka hikes medicine prices
Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday as the islandContinue Reading
Category: Sri Lanka
Crisis-hit Sri Lanka says IMF bailout three months away
An International Monetary Fund bailout package for crisis-hit Sri Lanka could take up to three months to arrive, the country’sContinue Reading
Sri Lanka inflation at 29.8% in April 2022 up from 18.7% in March 2022- CBSL
Central Bank of Sri Lanka says inflation in Sri Lanka has increased to 29.8% in April 2022 from 18.7% inContinue Reading
No choice but to raise sales tax: Sri Lanka finance minister Ali Sabry to BBC
Sri Lanka’s finance minister has told the BBC he has no choice but to hike the country’s sales tax asContinue Reading
Analysis-Complex web of creditors, politics threatens Sri Lanka restructuring
LONDON (Reuters) – Social unrest, political uncertainty and a complex web of creditors could scupper Sri Lanka’s push for aContinue Reading
A political reckoning in Sri Lanka as economic crisis grows
COLOMBO, Sri Lanka — Sherry Fonseka joined millions in 2019 in electing President Gotabaya Rajapaksa, a military strategist whose brutalContinue Reading
Workers strike to pressure Sri Lankan president to step down
COLOMBO, Sri Lanka (AP) — Businesses were closed, teachers absent and public transportation interrupted in the Sri Lankan capital ThursdayContinue Reading
Sri Lankan military Veterans Protest Against President Who Led Them During War
Missing both legs and an arm, former special forces soldier Thushara Kumara is an unlikely critic of Gotabaya Rajapaksa, aContinue Reading
Food, fuel price shocks from Ukraine war to last at least 3 years, World Bank says
LONDON (Reuters) – Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until atContinue Reading
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