Sri Lanka trying to reduce overall debt by $17 bln, President says
COLOMBO, April 26 (Reuters) – Sri Lanka is trying to reduce its overall debt by $17 billion through restructuring, itsContinue Reading
Tag: Economy
Sri Lanka consumer inflation dips to 49.2% y/y in March
(Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6% rise in February,Continue Reading
Sri Lanka’s local body polls formally postponed indefinitely due to non-availability of funds
Cash-strapped Sri Lanka on Wednesday formally announced the indefinite postponement of the local body polls scheduled to be held onContinue Reading
China left out of Sri Lanka debt talks amid angst over delay – Bloomberg
Sri Lanka and major creditors formally launched talks to restructure the nation’s debt without China — its biggest bilateral lenderContinue Reading
Monkey business; Cash-strapped Sri Lanka considers macaque sales to China
(AFP)-Cash-strapped Sri Lanka is considering exporting up to 100,000 endangered monkeys to China, the agriculture minister said Wednesday, raising concernsContinue Reading
Sri Lanka central bank says sovereign lenders yet to outline debt talks plans
WASHINGTON/COLOMBO (Reuters) – Sri Lanka’s sovereign lenders have yet to inform the government how they will engage with the countryContinue Reading
Sri Lanka Keeps Key Rate at 16.5% After Clinching IMF Loan
COLOMBO (Reuters) -Sri Lanka’s central bank kept interest rates steady on Tuesday and expressed optimism that prices would decelerate sharplyContinue Reading
Sri Lanka’s key inflation rate Still Elevated at 50.3% in March
Sri Lanka’s inflation remained stubbornly high in March despite the central bank hiking policy rates to the highest in moreContinue Reading
Sri Lanka expects to finalise domestic debt rework by May
LONDON/COLOMBO (Reuters) -Sri Lanka will kick off a reworking of part of its domestic debt next month and aims toContinue Reading
Apple launches buy now, pay later service
New York (CNN/Reuters) —Apple on Tuesday launched an option in its digital wallet allowing customers to pay for online purchases inContinue Reading
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