Sri Lanka’s key inflation rate Still Elevated at 50.3% in March
Sri Lanka’s inflation remained stubbornly high in March despite the central bank hiking policy rates to the highest in moreContinue Reading
Tag: Sri Lanka
Sri Lanka expects to finalise domestic debt rework by May
LONDON/COLOMBO (Reuters) -Sri Lanka will kick off a reworking of part of its domestic debt next month and aims toContinue Reading
Sri Lanka slashes fuel prices in line with an IMF agreement in welcome relief amid crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief forContinue Reading
Sri Lanka to seek $1 billion aid from India for essentials: Report
(PTI)-The Sri Lankan finance ministry officials held talks with its Indian counterparts to obtain the new temporary USD 1 billionContinue Reading
Hamza Yousaf elected as Scottish National Party’s new leader
LONDON (AP) — Scotland’s governing Scottish National Party has elected Humza Yousaf as its new leader. The 37-year-old son ofContinue Reading
China, Australia, USA to enter Sri Lanka’s fuel market, 450 CPC filling station to be leased
Sri Lanka’s Cabinet has given the green light to award licenses to Sinopec, United Petroleum, Australia & RM Parks ofContinue Reading
Sri Lanka international bondholders may see 20% principal haircut -analysts
LONDON, March 23 (Reuters) – Holders of Sri Lanka’s international sovereign bonds face a 20% principal haircut in the country’sContinue Reading
Indian court orders Rahul Gandhi to two years in jail for Modi comment
AHMEDABAD, India, March 23 (Reuters) – An Indian court sentenced opposition leader Rahul Gandhi on Thursday to two years inContinue Reading
Sri Lanka receives first tranche of IMF bailout
(Reuters)-Sri Lanka has received the first tranche of an IMF bailout programme, President Ranil Wickremesinghe told parliament on Wednesday. TheContinue Reading
Sri Lanka bailout conditional on tackling corruption, governance & mismanagement- IMF
(AFP& AP)-Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said TuesdayContinue Reading
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