Sri Lanka Welcomes New Russian Flights After Tourism Plea
(AFP)-Sri Lanka on Thursday welcomed the first Russian travelers aboard a new flight service that was launched after the bankruptContinue Reading
Tag: Economy
Sri Lanka’s national consumer price inflation eases to 65% in Nov
(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump inContinue Reading
Sri Lanka’s economy shrinks 11.8% in second-worst quarterly performance
COLOMBO (Reuters) -Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, government data showed on Thursday,Continue Reading
IMF Not Expected to Discuss Sri Lanka Before Year End -Sources
LONDON (Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s $2.9Continue Reading
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
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
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 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
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