Sri Lanka Economic Crisis News Latest
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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.
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What Next If Lanka President Gotabaya Rajapaksa Resigns - 4 Latest Facts
Sri Lanka's President Gotabaya Rajapaksa fled his official residence today shortly before protesters demanding the leader's resignation amid an unprecedented economic crisis overran the compound of the presidential palace in Colombo.
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Video: Protesters In Kitchen, Pool - Scenes Inside Lanka President's Home
Thousands of Sri Lankan protesters broke through police barricades and entered President Gotabaya Rajapaksa's official residence in Colombo today in one of the largest anti-government marches in the country.
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Sri Lanka Seeks $500 Million Loan From India For Fuel Costs Amid Crisis
The Sri Lankan Cabinet has approved seeking a 500 million dollar loan from the Exim Bank of India for the purchase of petroleum products amid a severe foreign exchange crisis in the island nation.
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Lanka Economy Will Collapse If No Government Within 2 Days: Central Bank
Sri Lanka's economy will "collapse beyond redemption" unless a new government is appointed within two days to restore political stability, Central Bank of Sri Lanka Governor Nandalal Weerasinghe said Wednesday.
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"Completely Useless": Lanka PM's Minister Son On Social Media Blackout
Namal Rajapaksa, Sri Lankan minister and the eldest son of Prime Minister Mahinda Rajapaksa, has urged the government to reconsider the curbs on social media, pointing out that such bans are "completely useless".
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No Medicines, 10-Hour Power Cuts: Sri Lanka Nightmare Gets "A Lot Worse"
As Sri Lankans faint in day-long queues for fuel and swelter through stifling evening blackouts by candlelight, anger is mounting over the worst economic crisis in living memory.
-
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.
-
What Next If Lanka President Gotabaya Rajapaksa Resigns - 4 Latest Facts
Sri Lanka's President Gotabaya Rajapaksa fled his official residence today shortly before protesters demanding the leader's resignation amid an unprecedented economic crisis overran the compound of the presidential palace in Colombo.
-
Video: Protesters In Kitchen, Pool - Scenes Inside Lanka President's Home
Thousands of Sri Lankan protesters broke through police barricades and entered President Gotabaya Rajapaksa's official residence in Colombo today in one of the largest anti-government marches in the country.
-
Sri Lanka Seeks $500 Million Loan From India For Fuel Costs Amid Crisis
The Sri Lankan Cabinet has approved seeking a 500 million dollar loan from the Exim Bank of India for the purchase of petroleum products amid a severe foreign exchange crisis in the island nation.
-
Lanka Economy Will Collapse If No Government Within 2 Days: Central Bank
Sri Lanka's economy will "collapse beyond redemption" unless a new government is appointed within two days to restore political stability, Central Bank of Sri Lanka Governor Nandalal Weerasinghe said Wednesday.
-
"Completely Useless": Lanka PM's Minister Son On Social Media Blackout
Namal Rajapaksa, Sri Lankan minister and the eldest son of Prime Minister Mahinda Rajapaksa, has urged the government to reconsider the curbs on social media, pointing out that such bans are "completely useless".
-
No Medicines, 10-Hour Power Cuts: Sri Lanka Nightmare Gets "A Lot Worse"
As Sri Lankans faint in day-long queues for fuel and swelter through stifling evening blackouts by candlelight, anger is mounting over the worst economic crisis in living memory.
