Sri Lanka Economic Crisis News
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Sri Lanka Elections: A Look At The 5 Key Candidates And What They Stand For
Sri Lanka, which is slowly recovering from its worst-ever economic crisis, will vote to elect the next President on Saturday.
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"Blood Is Thicker Than Water": S Jaishankar On India-Sri Lanka Relations
Amid the economic crisis, External Affairs Minister S Jaishankar asserted that it is natural for India to stand by Sri Lanka during its difficult time as "blood is thicker than water".
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Tamil Protesters In Sri Lanka Pull Out Shampoo To Wash Hair As Police Fire Water Cannons
In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.
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"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
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Protests In Crisis-Hit Sri Lanka Against Inflation, Tax Hikes
Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.
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UK To Deport Sri Lankan Refugees To 'Third Country': Report
The United Kingdom has decided to move Sri Lankan refugees seeking asylum from the British-claimed Chagos Islands to 'a safe third country,' unless they returned to Sri Lanka 'voluntarily'.
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Sri Lanka Cuts Tax On Sanitary Napkins Amid Economic Crisis: Report
Amid the ongoing economic crisis in the country, Sri Lanka has cut taxes on female sanitary products in a bid to help women unable to afford the hygiene product, according to reports.
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"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
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Ex-Lanka President Gotabaya Rajapaksa To Return Home In September: Report
Sri Lanka's former President Gotabaya Rajapaksa is all set to return to Sri Lanka in the first week of September, days after fleeing to Thailand.
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World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation
Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment.
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Sri Lanka Top Court Extends Travel Ban On Ex-PM Mahinda Rajapaksa
Sri Lankan Supreme Court on Wednesday extended the travel ban imposed on the country's former Prime Minister Mahinda Rajapaksa and Basil Rajapaksa until September 5.
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Sri Lanka's Ousted President Expected To Fly To Thailand: Report
Sri Lanka's ousted president, Gotabaya Rajapaksa, is expected to arrive in Thailand on Thursday, seeking temporary shelter in a second Southeast Asian country after fleeing his island nation last month amid mass protests, two sources said.
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India "Dependable Friend, Reliable Partner" Of Sri Lanka: S Jaishankar
External Affairs Minister S Jaishankar on Thursday held his first meeting with newly-appointed Sri Lankan Foreign Minister Ali Sabry and reaffirmed India's commitment as a dependable friend and reliable partner to the economic recovery of Sri Lanka.
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India Won't Face Crisis Like Lanka, RBI Did A Good Job: Raghuram Rajan
The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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Why World Bank Denied New Financing To Sri Lanka Amid Crisis
The World Bank does not plan to offer new financing to crisis-hit Sri Lanka until an "adequate" macroeconomic policy framework is in place, the global funding body has said.
-
Sri Lanka Elections: A Look At The 5 Key Candidates And What They Stand For
Sri Lanka, which is slowly recovering from its worst-ever economic crisis, will vote to elect the next President on Saturday.
-
"Blood Is Thicker Than Water": S Jaishankar On India-Sri Lanka Relations
Amid the economic crisis, External Affairs Minister S Jaishankar asserted that it is natural for India to stand by Sri Lanka during its difficult time as "blood is thicker than water".
-
Tamil Protesters In Sri Lanka Pull Out Shampoo To Wash Hair As Police Fire Water Cannons
In a gesture of defiance, the Tamilian protesters pulled out the shampoo and started using the sprayed water to wash their hair.
-
"Only Option We Have...": Sri Lanka President On Economic Recovery
In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option for the island nation to emerge from this crisis is to seek the support of the global lender International Monetary Fund (IMF).
-
Protests In Crisis-Hit Sri Lanka Against Inflation, Tax Hikes
Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.
-
UK To Deport Sri Lankan Refugees To 'Third Country': Report
The United Kingdom has decided to move Sri Lankan refugees seeking asylum from the British-claimed Chagos Islands to 'a safe third country,' unless they returned to Sri Lanka 'voluntarily'.
-
Sri Lanka Cuts Tax On Sanitary Napkins Amid Economic Crisis: Report
Amid the ongoing economic crisis in the country, Sri Lanka has cut taxes on female sanitary products in a bid to help women unable to afford the hygiene product, according to reports.
-
"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
-
Ex-Lanka President Gotabaya Rajapaksa To Return Home In September: Report
Sri Lanka's former President Gotabaya Rajapaksa is all set to return to Sri Lanka in the first week of September, days after fleeing to Thailand.
-
World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation
Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment.
-
Sri Lanka Top Court Extends Travel Ban On Ex-PM Mahinda Rajapaksa
Sri Lankan Supreme Court on Wednesday extended the travel ban imposed on the country's former Prime Minister Mahinda Rajapaksa and Basil Rajapaksa until September 5.
-
Sri Lanka's Ousted President Expected To Fly To Thailand: Report
Sri Lanka's ousted president, Gotabaya Rajapaksa, is expected to arrive in Thailand on Thursday, seeking temporary shelter in a second Southeast Asian country after fleeing his island nation last month amid mass protests, two sources said.
-
India "Dependable Friend, Reliable Partner" Of Sri Lanka: S Jaishankar
External Affairs Minister S Jaishankar on Thursday held his first meeting with newly-appointed Sri Lankan Foreign Minister Ali Sabry and reaffirmed India's commitment as a dependable friend and reliable partner to the economic recovery of Sri Lanka.
-
India Won't Face Crisis Like Lanka, RBI Did A Good Job: Raghuram Rajan
The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
-
Why World Bank Denied New Financing To Sri Lanka Amid Crisis
The World Bank does not plan to offer new financing to crisis-hit Sri Lanka until an "adequate" macroeconomic policy framework is in place, the global funding body has said.
