Cash-strapped Sri Lanka hit by record inflation
Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday as theContinue Reading
Tag: World News
Sri Lanka completes payment for Russian coal cargoes, easing power crisis
COLOMBO- Crisis-hit Sri Lanka has paid for two Russian cargoes to SUEK AG’s Singapore unit through a telegraphic transfer, twoContinue Reading
#SriLanka: What can the country do to address its soaring inflation? Economist suggests solution: inflation at 120% pa as per his calculation
STEVE H. HANKE ,professor of applied economics at the Johns Hopkins University in Baltimore has calculated inflation in Sri LankaContinue Reading
WATCH -Sri Lanka may take nearly three weeks to appoint advisers to guide an overhaul of its debt says its Fin. Minister
Bloomberg – Sri Lanka may take nearly three weeks to appoint advisers to guide an overhaul of its debt, accordingContinue Reading
World Bank, ADB to support Sri Lanka with USD 30 Mn for medicine purchases
The World Bank and the Asian Development Bank have offered to provide US $30 Mn to import medicines that areContinue Reading
Sri Lanka Finance Minister meets Managing Director and other senior officials of IMF
Sri Lanka Finance Minister Ali Sabry met Managing Director of IMF Kristalina Georgieva and Gita Gopinath First Deputy Managing DirectorContinue Reading
India to provide additional $500 million for fuel: Sri Lanka
India will provide an additional $500 million in financial assistance to Sri Lanka for it to buy fuel, Sri Lanka’sContinue Reading
IMF says any loan to Sri Lanka requires debt sustainability; are at an early stage
WASHINGTON- The International Monetary Fund said discussions with Sri Lanka on a potential IMF loan program are at an earlyContinue Reading
WATCH -Sri Lanka’s opposition leader Sajith Premadasa talks to CNBC on the country’s political and economic crisis.
Sri Lanka’s opposition leader Sajith Premadasa talks to CNBC’s Sri Jegarajah on the country’s political and economic crisis.
Exclusive-Crisis-hit Sri Lanka, India revive talks to link electric grids
COLOMBO (Reuters) – India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters on Tuesday,Continue Reading
MDW Live! News Network 