Sri Lanka Detains Russian Aeroplane
(AFP)-A Russian-operated aeroplane was seized in Sri Lanka Thursday shortly before it was due to return to Moscow with nearlyContinue Reading
Tag: Economy
Sri Lankans turn to social media for help as economic crisis bites
Fuel, medicine run short in deep economic crisis Many turn to online platforms for mutual aid Poor and vulnerable leftContinue Reading
Sri Lanka’s President Won’t Be Stepping Down Soon, Minister Says
(Bloomberg) — Sri Lankan President Gotabaya Rajapaksa signaled to a group of lawmakers just before they joined his cabinet thatContinue Reading
Sri Lanka seeking $3 Billion under IMF Extended Fund Facility – sources
COLOMBO/LONDON, June 1 (Reuters) – Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billionContinue Reading
Crisis-hit Sri Lanka Hikes Tax Rates To Maximise Govt Revenues as Inflation Hits a Record 39% in May
Sri Lanka’s cash-strapped government on Tuesday announced a taxation overhaul to boost revenue amid the country’s crippling economic crisis, hikingContinue Reading
Sri Lanka appeals for farmers to plant more rice as food shortage looms
COLOMBO, May 31 (Reuters) – Sri Lanka wants farmers to plant more rice as part of plans to avert aContinue Reading
Sri Lanka Urges Airlines to Fly Full Tank or Fill Elsewhere
Emirates, SriLankan among carriers forced to fill up overseas Island nation going through shortage of all essential supplies Bloomberg –Continue Reading
Sri Lankan President seeks world’s urgent help during financial crisis
TOKYO (AP) — Sri Lankan President Gotabaya Rajapaksa asked for urgent international help on Thursday as his country suffers fromContinue Reading
IMF says good progress made studying Sri Lanka economy situation; Lending would require adequate debt assurances, fund says
(BLOOMBERG)-THE International Monetary Fund (IMF) said it made “good progress” in analysing Sri Lanka’s economic situation and identifying policy priorities, while cautioningContinue Reading
Cricket-Australia players raise concerns about touring Sri Lanka during crisis
May 25 (Reuters) – Australia’s squad have raised ethical concerns about their upcoming tour of Sri Lanka with the island nation inContinue Reading
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