Sri Lanka deploys troops as fuel shortage sparks protests
Mon, March 21, 2022, ·2 min read (AFP)- Sri Lanka ordered troops to petrol stations Tuesday as sporadic protests eruptedContinue Reading
Tag: Economy
Sri Lankan inflation hits 17.5 % for February -a record high since 2015
COLOMBO, March 21 (Xinhua) — Sri Lanka’s Department of Census and Statistics announced Monday that the overall rate of inflationContinue Reading
Sri Lanka govt panel says urgent international financial assistance needed amid debt crisis
COLOMBO (Reuters) – A Sri Lanka government-appointed committee on Monday said the crisis-hit country’s central bank and finance ministry mustContinue Reading
Sri Lanka cancels school exams over paper shortage
(AFP)-Sri Lanka cancelled exams for millions of school students as the country ran out of printing paper with Colombo shortContinue Reading
India extends $1 billion line of credit to Sri Lanka to to import food, medicines and other essential items
India on Thursday extended a $1-billion short-term concessional loan to Sri Lanka to help the island nation cope with oneContinue Reading
Protests hit Sri Lanka’s capital amid severe economic crisis
COLOMBO, Sri Lanka (AP) — Anti-government protests roiled Sri Lanka’s capital on Tuesday amid demands that President Gotabaya Rajapaksa resign,Continue Reading
Sri Lanka says will begin official talks with IMF next month
COLOMBO (Reuters)— Sri Lanka will start official talks with the International Monetary Fund (IMF) next month, a cabinet spokesman saidContinue Reading
Sri Lanka finance minister meets top IMF official amid economic crisis
COLOMBO (Reuters) – Sri Lanka’s finance minister held talks with a top International Monetary Fund (IMF) official on Monday, twoContinue Reading
Sri Lanka’s opposition says government lost its legitimacy, claims it mishandled the debt crisis
KEY POINTS The Sri Lankan government has lost its “legitimacy” for the way it handled the country’s debt crisis andContinue Reading
Sri Lanka’s Rupee Devaluation, Import Restrictions May Boost Inflation -analysts
(Reuters)- Sri Lanka’s sudden devaluation of the local currency and imposition of import limits on hundreds of items is likelyContinue Reading
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