Sri Lanka to default on debt today, no money for fuel, minister says
COLOMBO (Reuters) – Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-paymentContinue Reading
Tag: Economy
Sri Lanka’s embattled President escapes censure motion; Prime Minister Ranil slams Opposition leaders on the move
Sri Lanka’s beleaguered president side-stepped a censure motion on Tuesday after his fractured coalition rallied to delay a resolution blamingContinue Reading
Sri Lanka P.M. proposes privatizing national airline amid crisis; country’s financial health is so poor government forced to print money to pay salaries of government workers
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new prime minister on Monday proposed privatizing the country’s loss-making national airline asContinue Reading
Crisis-hit Sri Lanka set for uneasy ‘economic war cabinet’; 2 stalwarts from SJB opposition party agree to become Ministers
Sri Lanka was set to form a new cabinet on Monday as bitter political rivals make common cause to tackleContinue Reading
Rajapaksa swears in 4 Cabinet members amid Sri Lanka crisis
COLOMBO — Sri Lanka’s president swore in four new Cabinet ministers Saturday in an effort to ensure stability until aContinue Reading
Sri Lanka’s new P.M. struggles to form unity government; M.P Harsha publicly rejects overture to take charge of nation’s finances
COLOMBO (AFP)- Sri Lanka’s new prime minister was struggling on Friday (May 13) to forge a unity government and forestallContinue Reading
He’s back: Wickremesinghe named Sri Lankan PM for 6th time amid crisis but can he placate protesters calling for a complete overhaul of corrupt political system ?
COLOMBO, – Ranil Wickremesinghe, Sri Lanka’s new prime minister, is no stranger to politics. This is the sixth time theContinue Reading
Sri Lanka President writes to Opposition Leader; You were late to take a decision to become Prime Minster
Sri Lankan President Gotabaya Rajapaksa has written a reply to Opposition AND SJB Leader Sajith Premadasa’s letter which was sentContinue Reading
Sri Lanka president set to name new PM, Ranil Wickremesinghe the frontrunner ; A swearing-in is likely today
Beleaguered President Gotabaya Rajapaksa was set to name a new prime minister Thursday to try to steer Sri Lanka outContinue Reading
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