Sri Lanka Closer to IMF Bailout as India Said to Back Debt Plan -Bloomberg
India formally notified that it would support Sri Lanka’s debt restructuring plan, according to a person with knowledge of theContinue Reading
Tag: Sri Lanka
Sri Lanka church seeks criminal justice for Easter bombings
(AP)-Sri Lanka’s Catholic Church urged the country Friday to criminally prosecute its former leader for negligence, a day after the topContinue Reading
Sri Lanka To Cut Army By Half After Financial Crisis
Bankrupt Sri Lanka will drastically slash its military, the defence ministry said Friday, as the government works to overhaul itsContinue Reading
Sri Lanka cricket inquiry finds team ‘influenced by fake PROPHET as casino brawl emerges’
An inquiry into Sri Lanka’s nightmare display at the T20 World Cup in Australia last year has revealed that the team were involved inContinue Reading
Sri Lanka Ex-leader Failed To Stop Easter Attacks- Court
(AFP)- Former Sri Lankan President Maithripala Sirisena and four other top officials were responsible for failing to prevent the 2019Continue Reading
Sri Lanka given 6 more months to repay Bangladesh’s $200m loan
Bangladesh Bank (BB) today granted Sri Lanka six more months to repay the $200 million loan after the Island nationContinue Reading
Sri Lanka Supreme Court orders former President Sirisena to pay Rs.100mn compensation to victims of Easter Sunday bombings
Sri Lanka’s Supreme Court has ordered former President Maithripala Sirisena, four other officials and the State to pay compensation totallingContinue Reading
Canada sanctions Gotabaya, Mahinda Rajapaksa – Sri Lanka expresses displeasure
Canada on Tuesday imposed sanctions on four Sri Lankans, including former presidents Gotabaya Rajapaksa and his brother Mahinda Rajapaksa, forContinue Reading
Bankrupt Sri Lanka says treasury running dry, cuts spending
COLOMBO, (AP/AFP)- Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough revenue to payContinue Reading
Sri Lanka cabinet approves new electricity tariff without saying what it is
COLOMBO (Reuters) -Sri Lanka’s cabinet on Monday approved new electricity tariffs to reflect the cost of coal and power generationContinue Reading
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