Sri Lanka May Consumer Prices Soar 45.3% Y/y, Highest Since 2015
Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, asContinue Reading
Tag: Economy
IMF delegation visits crisis-hit Sri Lanka with time running out
COLOMBO/LONDON, June 20 (Reuters) – An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks onContinue Reading
7 Sri Lankans land on Indian coast seeking refuge; 83 others have came since March
Two Sri Lankan families, consisting of seven members, arrived on the Indian coast seeking to be granted the status ofContinue Reading
Sri Lanka left with fuel stocks for around five days, minister says
COLOMBO, June 16 (Reuters) – Sri Lanka’s fuel stocks will last for about five more days, its power and energyContinue Reading
Battered by economic crisis, Sri Lankans seek passport to a better life
COLOMBO (Reuters) – R.M.R Lenora stood in a snaking queue outside Sri Lanka’s Immigration and Emigration Department headquarters for twoContinue Reading
Bankrupt Sri Lanka saves scarce gas supplies for cremations
(AFP)-Bankrupt Sri Lanka will reserve a portion of its scarce fuel supplies for the cremation of Buddhists, whose funeral ritesContinue Reading
Sri Lanka gives public workers extra day off to grow food
COLOMBO, June 14 (Reuters) – Sri Lanka has approved a four-day work week for public sector workers to help themContinue Reading
Cash-strapped Sri Lanka announces weekly fuel quotas
Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formedContinue Reading
The AP Interview: Sri Lanka PM says he’s open to Russian oil
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nationContinue Reading
Pakistan adopts painful economic path to secure IMF bailout
* Pakistan faces balance of payments crisis * Government sharply lowers fiscal deficit target to 4.9% of GDP * StepsContinue Reading
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