Sri Lanka crisis will last at least two more years: govt
Sri Lanka will have to endure its unprecedented economic hardships for at least two more years, the country’s finance ministerContinue Reading
Tag: Sri Lanka
Sri Lanka tea exports lowest in 23 years
Crisis-struck Sri Lanka’s vital tea exports have dropped to their lowest level in 23 years, official figures showed Wednesday, hitContinue Reading
‘No harvest’: Sri Lanka’s ruling Rajapaksa clan sees support from farmers wilt
Farmers were once big supporters of the Rajapaksas, but a bungled fertiliser ban withered their crops along with their backingContinue Reading
SL central bank predicts 1% GDP growth for 2022, per capita GDP decline to $3,041
Colombo, May 1 (IANS) Sri Lanka’s real gross domestic product (GDP) growth for 2022 is projected at 1 per centContinue Reading
Crisis-hit Sri Lanka hikes medicine prices
Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday as the islandContinue Reading
Crisis-hit Sri Lanka says IMF bailout three months away
An International Monetary Fund bailout package for crisis-hit Sri Lanka could take up to three months to arrive, the country’sContinue Reading
Sri Lanka inflation at 29.8% in April 2022 up from 18.7% in March 2022- CBSL
Central Bank of Sri Lanka says inflation in Sri Lanka has increased to 29.8% in April 2022 from 18.7% inContinue Reading
Analysis-Complex web of creditors, politics threatens Sri Lanka restructuring
LONDON (Reuters) – Social unrest, political uncertainty and a complex web of creditors could scupper Sri Lanka’s push for aContinue Reading
A political reckoning in Sri Lanka as economic crisis grows
COLOMBO, Sri Lanka — Sherry Fonseka joined millions in 2019 in electing President Gotabaya Rajapaksa, a military strategist whose brutalContinue Reading
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