IMF mulls loan approval to Sri Lanka, even without China’s assurance – Bloomberg News
(Reuters) – The International Monetary Fund (IMF) is considering approving a loan for Sri Lanka, even without China’s assurance ofContinue Reading
Tag: Economy
Sri Lanka hiked power prices by 66% hoping to gain IMF support- Minister
COLOMBO (Reuters) Sri Lanka increased electricity prices by 66 per cent on Thursday, in a move that the government hopedContinue Reading
Sri Lanka, India to sign power grid linking pact within two months – envoy
NEW DELHI (Reuters) – Sri Lanka and India will sign a pact to link their power grids and start negotiationsContinue Reading
Sri Lanka regulator approves 65% hike in electricity tariffs- govt source
Feb 15 (Reuters) – Sri Lanka’s electricity regulator has approved a 65% hike in electricity tariffs effective from Wednesday, aContinue Reading
China expresses support for Sri Lanka ahead of debt meeting but no word on haircuts
BEIJING -(AP) China expressed support for Sri Lanka ahead of a meeting Friday of government lenders to poor economies but didContinue Reading
Sri Lanka dismisses Tamil Nadu leader’s claim that LTTE supremo Prabhakaran is ‘still alive’
COLOMBO (PTI)- Sri Lanka on Monday dismissed as a “joke” a top Tamil nationalist leader’s claim that LTTE supremo VelupillaiContinue Reading
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
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
