Sri Lanka President shows old guard the door, in new look all-male cabinet
President Gotabaya Rajapaksa’s staunch supportive MPs have not been granted posts in the new Cabinet that was appointed today. VocalContinue Reading
Tag: Sri Lanka
Explainer-Sri Lanka’s reluctance to tap IMF helped push it into an economic abyss
COLOMBO (Reuters) – Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nationContinue Reading
New look cabinet sworn in Sri Lanka, PM unchanged
Sri Lanka appoints a new 17-member Cabinet of Ministers, just over two weeks after the old cabinet ministers resigned enContinue Reading
Analysis: Sri Lanka bondholders brace for big losses in debt restructuring
Summary Analysts calculate haircut of at least 20% needed Citi: debt service halt covers around 50% of public debt S&P,Continue Reading
Sri Lankan protesters demand justice for 2019 Easter attacks
COLOMBO, Sri Lanka (AP) — Sri Lankans protesting for days near the president’s office criticized a lack of progress inContinue Reading
Commentary: Reasons for Sri Lanka Crisis; China ‘debt trap loans’ or fatal Gov mistakes? – Professor explains
MUMBAI: The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s everContinue Reading
Amid Sri Lankan economic crisis, apparel orders from island nation diverting to India
Countries importing textile products from Sri Lanka have now started moving towards Indian exporters as Sri Lanka continues to reelContinue Reading
IMF says it welcomes Sri Lanka’s plans to engage with creditors
COLOMBO- The International Monetary Fund (IMF) on Wednesday (Apr 13) said that it supported Sri Lanka’s plans to engage inContinue Reading
India open to additional $2 bln aid for Sri Lanka with eye on China
April 13 (Reuters) – India is willing to commit up to another $2 billion in financial assistance to Sri LankaContinue Reading
S&P lowers Sri Lanka Sovereign rating to “CC” indicating looming default
Global rating agency Standard and Poor’s (S&P) today lowered Sri Lanka’s long-term foreign currency sovereign rating from “CCC” to “CC”Continue Reading
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