IMF to start talks with Sri Lanka on loan request in coming days
WASHINGTON (Reuters) – The International Monetary Fund will initiate discussions with Sri Lankan authorities on a possible loan program inContinue Reading
Tag: Economy
Power cuts in Sri Lanka could continue into May – minister
COLOMBO, March 31 (Reuters) – Sri Lanka’s power minister said on Thursday that power cuts could continue into May, asContinue Reading
Sri Lanka runs out of diesel, faces longest-ever blackout
(AFP)-Diesel was no longer on sale across Sri Lanka on Thursday, crippling transport as the crisis-hit country’s 22 million peopleContinue Reading
Saudi Arabia says it deposited $5B in Egypt’s central bank
CAIRO (AP) — Saudi Arabia on Wednesday announced a $5 billion aid package to cash-strapped Egypt, where the economy isContinue Reading
Plenty of fish but no catch as Sri Lanka economic crisis bites
(AFP)-The sky and seas off Sri Lanka’s coast are crystal blue but a worsening economic crisis has kept fishermen mooredContinue Reading
Sri Lanka suffers long power cuts as currency shortage makes fuel scarce
COLOMBO — Sri Lankans faced 10-hour power cuts on Wednesday and warnings of longer blackouts on Thursday, as a deepeningContinue Reading
10-hour power cuts in Sri Lanka as crisis worsens
(AFP)- Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as it ran out of hydro-electricity onContinue Reading
Sri Lanka hospitals running out of life-saving drugs
(AFP)-Sri Lanka’s state-run hospitals are running out of life-saving medicines due to a shortage of dollars needed to import essentialsContinue Reading
Sri Lanka papers run out of newsprint , suspends print editions as Economic crisis bites
(AFP)-Two major Sri Lanka newspapers are suspending their print editions because of a lack of paper, their owner said Friday,Continue Reading
‘Have to eat half’: Sri Lankans feel pain of spiralling economic crisis
MINUWANGODA, Sri Lanka (Reuters) – Thusitha Hadaragama stood at a corner store near his home in Sri Lanka’s Minuwangoda townContinue Reading
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