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Latest Articles in sri lanka
Sri Lanka To Introduce Fuel Ration Scheme Next Month
The island nation has been experiencing long lines for fuel refilling since mid-February with pressure coming on the diesel supplies for thermal power generation
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IMF Planning To Send In-Person Mission To Lanka: Spokesperson
He said Sri Lanka's bridging finance requirements would depend on an agreement with the IMF being reached
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Crisis-hit Sri Lanka Seeks $55 Mn Loan From India To Buy fertiliser
The Cabinet has approved a proposal by the Prime Minister to sign an agreement with India to purchase urea for agriculture, an official said
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India Emerges As Sri Lanka's Top Inbound Tourist Market In May
As many as 5,562 tourists from India visited Sri Lanka in May followed by 3,723 from the UK
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Sri Lanka Grants 40-year Tax Relief For China-backed Port City Investments
A total of 269 hectares of land was reclaimed by China Harbour Engineering Company (CHEC) in the Port City project which raised concerns over a 20-hectare outright grant to the Chinese firm and a no-fly zone
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Sri Lanka Cabinet To Discuss 21st Amendment To Empower Parliament
The SJB has accused the government of watering down the amendment to allow president Gotabaya Rajapaksa to continue enjoying full powers
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World Bank To Provide Financial Assistance To Lanka For Fertiliser Supplies
Sri Lanka's annual fertiliser imports cost USD 400 million. Farmers across the country have protested against fertiliser shortages, saying they are being forced to abandon their farmlands
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India Sends 40,000 MT Of Diesel To Sri Lanka Again
India and Sri Lanka signed a USD 500 million Line of Credit Agreement for the purchase of petroleum products on February 2, 2022
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Former Lankan PM Rajapaksa Questioned By CID Over May 9 Violence
The mob destroyed several tents and other structures erected at Galle Face and also attacked some of the demonstrators
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World Bank Rules Out New Loan Commitments To Sri Lanka
Sri Lanka has suspended repayment of about USD 7 billion in foreign loans due this year out of USD 25 billion to be repaid by 2026. The country's total foreign debt is USD 51 billion
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Sri Lanka Hikes Fuel Prices; Petrol At All-Time High Of Rs 420 Per Litre
Sri Lanka raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of foreign exchange reserves
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India, Japan To Provide Relief Supplies Worth Millions To Sri Lanka
Prime Minister Ranil Wickremesinghe announced this week that Sri Lanka would be facing a severe food shortage
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Ship With Relief Materials From India For Lanka To Reach Colombo On Sunday
Chief Minister Stalin flagged off the cargo carrying the relief, from the Chennai Port, in the presence of his cabinet colleagues and senior officials
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Sri Lanka Welcomes G7 Announcement In Securing Debt Relief: Wickremesinghe
In this challenging time, the Group of Seven (G7) nations have announced that they will assist Sri Lanka in securing debt relief
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Fitch Downgrades Sri Lanka's Debt Rating To "Restrictive Default"
The downgrade came when the Central Bank governor P Nandalal Weerasinghe conceded on Thursday that Sri Lanka wouldn't be able to pay back its debts until it restructures them
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