Sri Lanka begins talks with China on refinancing debt
COLOMBO, April 26 – Sri Lanka has begun discussions with China about refinancing its debt, a cabinet spokesman said onContinue Reading
Tag: Sri Lanka
IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes
Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a seniorContinue Reading
S&P cuts Sri Lanka to ‘selective default’ on missed payments
April 25 (Reuters) – S&P Global Ratings cut Sri Lanka’s rating as an issuer of foreign currency debt to ‘selectiveContinue Reading
Pope asks Sri Lanka to reveal Easter 2019 bombers over political conspiracy murmurs
(AFP)-Pope Francis urged Sri Lankan authorities on Monday to reveal who was behind the country’s 2019 Easter bombings in anContinue Reading
‘Western developed countries that colonized Sri Lanka in history, should come and help’ – Chinese ambassador
Chinese Ambassador Qi Zhenhong to Sri Lanka met group of local journalists on a wide range of topics including China’sContinue Reading
Sri Lanka stock exchange halts again after 13% plunge
Crisis-hit Sri Lanka’s stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse’s tentative reopening afterContinue Reading
Indian Finance Minister Sitharaman asks IMF, World Bank to give Sri Lanka low-income tag
Sri Lanka could be given temporary classification as a lower-income country — from the current middle-income status — to helpContinue Reading
Former Sri Lanka President Chandrika Kumaratunga proposes roadmap to break political impasse
Former Sri Lanka President Chandrika Kumaratunga has proposed a roadmap to break the political impasse which includes setting up ofContinue Reading
World Bank readies Sri Lanka aid package, IMF calls loan talks ‘fruitful’
WASHINGTON, April 23 (Reuters) – The International Monetary Fund said on Saturday it held “fruitful technical discussions” with Sri LankaContinue Reading
Foreign airlines cut flights to Sri Lanka; cargo carriers insist on payments in dollars
International airlines operating to Sri Lanka, including Emirates, have drastically pruned flights to Colombo while cargo carriers this week turnedContinue Reading
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