Sri Lanka will need $5 bln in next six months for essentials -prime minister
COLOMBO, June 7 (Reuters) – Sri Lanka’s cash-strapped government will need at least $5 billion in the next six monthsContinue Reading
Tag: Sri Lanka
Minister Prasanna Ranatunga sentenced to two years rigorous imprisonment
Colombo, June 6 – Minister Prasanna Ranatunga has been sentenced to two years rigorous imprisonment suspended for a period ofContinue Reading
Sri Lanka holds its breath as new P.M fights to save economy
COLOMBO, Sri Lanka (AP) — It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri LankaContinue Reading
Sri Lanka In Diplomatic Spat Over Confiscated Russian Plane
Sri Lanka’s main airport on Saturday denied the island nation’s government was behind a decision to detain an Aeroflot aircraft,Continue Reading
Sri Lanka Can’t Use $1.5 Billion China Swap on IMF Concerns
(Bloomberg) — Bankrupt Sri Lanka can’t tap a $1.5 billion credit line from China as the Chinese are concerned theContinue Reading
Sri Lanka seeks to secure $5 billion in funds for import payments
COLOMBO (Reuters) – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuelContinue Reading
Sri Lanka Detains Russian Aeroplane
(AFP)-A Russian-operated aeroplane was seized in Sri Lanka Thursday shortly before it was due to return to Moscow with nearlyContinue Reading
Sri Lankans turn to social media for help as economic crisis bites
Fuel, medicine run short in deep economic crisis Many turn to online platforms for mutual aid Poor and vulnerable leftContinue Reading
Sri Lanka’s President Won’t Be Stepping Down Soon, Minister Says
(Bloomberg) — Sri Lankan President Gotabaya Rajapaksa signaled to a group of lawmakers just before they joined his cabinet thatContinue Reading
Sri Lanka seeking $3 Billion under IMF Extended Fund Facility – sources
COLOMBO/LONDON, June 1 (Reuters) – Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billionContinue Reading
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