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
Tag: Sri Lanka
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
Sri Lanka’s economic crisis dashes hopes for post COVID-19 tourism recovery
GALLE – With its ancient fort and sandy beaches, the city of Galle on Sri Lanka’s southern coast should beContinue Reading
Sri Lanka to receive $300 million to $600 million over next 4 months from World Bank help to face economic crisis- Finance Minister
COLOMBO, Sri Lanka (AP) — Sri Lanka will receive $300 million to $600 million from the World Bank over theContinue Reading
Watch: Finance Minister Ali Sabry meets local media; provides latest IMF and other updates
Finance Minister Ali Sabry met local journalists over a zoom call conducted by Citizen.Lk and provided latest update with hisContinue Reading
China to help Sri Lanka to meet crucial needs of people- PM Rajapaksa
Colombo, Apr 22 (PTI) Sri Lankan Prime Minister Mahinda Rajapaksa on Friday said he had a “very productive” conversation withContinue Reading
Watch: Former PM Ranil claims Sri Lanka has no access to RFI, wants no confidence motion delayed
Sri Lanka will not have access to an International Monetary Fund (IMF) Rapid Financial Instrument (RFI) as a bridging facilityContinue Reading
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