Analysis-Shocks and missteps: how Sri Lanka’s economy ended in crisis
COLOMBO (Reuters) – In late November 2019, after winning Sri Lanka’s presidential election and months ahead of a parliamentary ballotContinue Reading
Tag: Sri Lanka
Sri Lanka shares slump amid nationwide powercuts, worsening economic crisis
Feb 23 (Reuters) – Sri Lankan shares plunged nearly 7% on Wednesday as fuel shortage-induced countrywide power outages spooked investorsContinue Reading
Sri Lanka pays $35 million for 40,000 T diesel shipment while imposing rolling power cuts
COLOMBO – Sri Lanka has paid $35.3 million for a 40,000 tonne diesel shipment, an energy ministry official said onContinue Reading
Sri Lanka says open to talks with IMF as economic situation worsens
COLOMBO- Sri Lanka is open to discussions with the International Monetary Fund (IMF) and other multilateral lenders for assistance, aContinue Reading
Sri Lanka out of cash to buy oil: minister
(AFP)-Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country couldContinue Reading
Sri Lanka clears police, defence chiefs over Easter bombings
(AFP)-Sri Lanka’s High Court on Friday acquitted two top officials accused of “crimes against humanity” for failing to prevent theContinue Reading
Gunmen attack high-profile Sri Lanka T.V. journalist; Another Social activist arrested
(AFP)- Armed men stormed the home of a high-profile Sri Lankan television journalist critical of the government Monday, police said,Continue Reading
IMF says Sri Lanka has not sought its financial assistance
WASHINGTON, Feb 10 (Reuters) – Sri Lanka has not sought financial assistance from the International Monetary Fund, which stands readyContinue Reading
IMF Says It Is ‘Ready’ To Help Sri Lanka – If Asked
(AFP)-The International Monetary Fund is ready to discuss “options” with Sri Lanka if the government asks for financial support, itsContinue Reading
Cash-strapped Sri Lanka appeals to expats to send money
COLOMBO, Sri Lanka (AP) — Sri Lanka celebrated its Independence Day on Friday with an appeal by the president toContinue Reading
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