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Latest Articles in sri lanka
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
Read MoreWorld 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
Read MoreSri 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
Read MoreIndia, 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
Read MoreShip 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
Read MoreSri 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
Read MoreFitch 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
Read MoreRBI Allows Settlement Of Trade Transactions With Sri Lanka In Indian Rupee
In March, the government had guaranteed a term loan of USD 1 billion extended by the State Bank of India (SBI) to Sri Lanka for financing the purchase of essential goods by the island nation from India
Read MoreNo Shoot-on-sight Orders Given During Violence: Lankan PM
He said that while properties belonging to some members of Parliaments had been attacked last week, a shoot-on-sight order was not issued
Read MoreSri Lanka Gets $160 Mn From World Bank
The economic crisis also triggered a political crisis in Sri Lanka and a demand for the resignation of the powerful Rajapaksas
Read MoreLankan Parliament Defeats No-trust Motion Against President Gotabaya
With the motion, the Opposition sought to demonstrate how nationwide calls for President Rajapaksa's resignation are reflected in the country's legislature, the report said
Read MoreLanka Parliament Reconvenes As New PM Warns Of Fuel Shortages
Sri Lanka Crisis: Ranil Wickremesinghe, the new prime minister, said in a televised address yesterday that the country has petrol stocks for a single day only
Read MoreLanka Down To Last Day Of Petrol: PM Wickremesinghe
Ranil Wickremesinghe, appointed prime minister on Thursday, said in an address to the nation the country urgently needed USD 75 million in foreign exchange to pay for essential imports
Read MoreLankan PM Hold Talks With World Bank, ADB As India Delivers Diesel Shipment
Sri Lanka is going through the worst economic crisis since independence in 1948. A crippling shortage of foreign reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people
Read MoreIndia Assures To Supply 65,000 Metric Tonnes Urea To Sri Lanka
High Commissioner of Sri Lanka in New Delhi Milinda Moragoda met with the Secretary of the Department of Fertilisers Rajesh Kumar Chaturvedi in New Delhi on Thursday to discuss the supply of urea required for the current Yala cultivation season in Sri Lanka
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