Sri Lanka economic crisis
World Bank releases $250 mn to boost Sri Lanka reforms
The World Bank Wednesday released $250 million to support bankrupt Sri Lanka's tough economic reforms
Sri Lanka repays entire Bangladeshi loan
Sri Lanka has paid $50 million to Bangladesh, the final instalment of a $200 million loan taken under a currency swap agreement two years ago, a top Bangladesh Bank official said yesterday.
Sri Lanka returns $50m of $200m loan
The second instalment may come by Aug 30
Bangladesh has learnt a lot from Sri Lanka’s woes
Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.
Pakistan not far from a “Sri Lanka moment”: Imran Khan
Imran Khan, former prime minister and head of Pakistan Tehreek-e-Insaf (PTI), warned on Saturday that the South Asian country is on the verge of a “Sri Lanka moment” in which the populace will take to the streets against the “mafia” headed by Asif Zardari and the Sharif family.
Will peace return to Sri Lanka?
Uncertainties remain even after the election of new president
"Took all possible steps to avert economic crisis", Gotabaya Rajapaksa says
Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation.
Debt crisis: Which countries are at risk of defaulting?
Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves point to a record number of developing nations now in trouble.
Despair grips Sri Lankans as they queue at pumps for days with no promise of petrol
Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards.
World Bank releases $250 mn to boost Sri Lanka reforms
The World Bank Wednesday released $250 million to support bankrupt Sri Lanka's tough economic reforms
Sri Lanka repays entire Bangladeshi loan
Sri Lanka has paid $50 million to Bangladesh, the final instalment of a $200 million loan taken under a currency swap agreement two years ago, a top Bangladesh Bank official said yesterday.
Sri Lanka returns $50m of $200m loan
The second instalment may come by Aug 30
Bangladesh has learnt a lot from Sri Lanka’s woes
Sri Lanka is generally known for its quality education, healthcare, natural beauty and even migration policies and practices. But in recent times, the island nation has made the headlines for all the wrong reasons.
Pakistan not far from a “Sri Lanka moment”: Imran Khan
Imran Khan, former prime minister and head of Pakistan Tehreek-e-Insaf (PTI), warned on Saturday that the South Asian country is on the verge of a “Sri Lanka moment” in which the populace will take to the streets against the “mafia” headed by Asif Zardari and the Sharif family.
Will peace return to Sri Lanka?
Uncertainties remain even after the election of new president
"Took all possible steps to avert economic crisis", Gotabaya Rajapaksa says
Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation.
Debt crisis: Which countries are at risk of defaulting?
Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves point to a record number of developing nations now in trouble.
Despair grips Sri Lankans as they queue at pumps for days with no promise of petrol
Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards.
Former SL batter Mahanama serves Tea and Buns amidst fuel crisis
Amid the economic crisis in Sri Lanka, former cricketer Roshan Mahanama has urged his countrymen to look after each other during the difficult times as he himself was seen serving tea and buns to people waiting in long queues at the petrol station around Ward Place and Wijerama Mawatha regions of the island nation. The economic crisis has led to an acute shortage of essential items like food, medicine, cooking gas and other fuel, toilet paper and even matches.