Page 44 - Sri Lanka

China assures help to solve urgent economic crisis: Sri Lankan PM

Rajapaksa on Friday said in a telephone conversation with Chinese Prime Minister Li Keqiang, who assured him that China will support Sri Lanka for economic and social stability

Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis

Consequently, the food inflation also increased from 24.7 per cent last month to 29.5 per cent for March

Sri Lanka says India, World Bank consider $2 billion bridge finance

The country of 22 million people is struggling to pay for imports after a sharp drop in foreign exchange reserves which has led to a currency devaluation and soaring inflation

India, World Bank considering $2-billion bridge finance: Sri Lanka

India has extended the duration of the $400-million currency swap facility which had been concluded with the island nation in January.

18 more Lankans fleeing economic crisis land in Tamil Nadu's Dhanushkodi

The 18 people, among whom there were children, came in two batches in as many boats and were dropped off at Arichalmunai

Sri Lanka police transfer 3 officers over protester's death in Rambukkana

The Sri Lankan government on Thursday deployed troops as a precautionary measure in Rambukkana after lifting the curfew

India sends one more consignment of 40,000 MT of diesel to Sri Lanka

India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.

Sri Lanka debt advisers may take weeks to hire as economic crisis worsens

Sri Lanka is seeking as much as $4 billion this year to help ease shortages of food, fuel and medicines as its foreign reserves dry up and it heads for a default on its international debt

Global leaders discuss debt crisis in US in wake of Sri Lankan problem

Sri Lanka's bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders

India to provide additional $500-mn assistance to Sri Lanka for fuel

Meanwhile China, whose large loans and investments to the island nation led to allegations of debt diplomacy, has said it will provide "emergency humanitarian assistance" to Colombo

Lanka must ensure political stability before IMF deal: Dr Dushni Weerakoon

We have an economic crisis that has spilled out as a political crisis: Weerakoon

IMF asks cash-strapped Sri Lanka to restructure huge foreign debt

Crisis-hit island nation also seeks bridge loans as IMF aid will take six months

Rajapaksas grieve as global community condemns firing on protesters

At least three of the 13 hospitalised protesters at Rambukkana, some 90 kilometers northeast of Colombo, were critical at the Kegalle hospital, according to officials

World Bank ready to provide emergency support to Sri Lanka: Report

World Bank Vice President Hartwig Schafer held talks with Sri Lankan Finance Minister Ali Sabry in Washington on Tuesday, the Colombo Gazette reported on Wednesday

Sri Lankan police warn protesters against sabotaging fuel transport system

Amid the ongoing anti-government protests in Sri Lanka following the economic and political crisis, the police have urged the public not to jeopardise the fuel transportation system while protesting.

First protest death boosts calls to oust Sri Lanka President Rajapaksa

Sri Lanka's economic crisis -- the worst since it gained independence more than 70 years ago -- has brought angry citizens to the streets demanding the ouster of the Rajapaksa family

Curfew imposed in Sri Lanka's Rambukkana amid unrest over fuel price hike

A litre of petrol 92 octane has been increased by Rs 84 while a litre of petrol 95 octane by Rs 90, a litre of Auto Diesel by Rs 113 and a litre of super diesel has been increased by Rs 75

IMF considers rapid aid for debt-burdened Sri Lanka after India's push

A delegation headed by Sri Lanka's finance minister Ali Sabry kicked off formal talks with the IMF in Washington on Monday for a programme the government hopes will help top up its reserves

Mahinda relents on prez powers to placate public; 1 killed in police firing

Scores of protesters teemed the streets and public places of the town on Monday. The demonstration went late into the night

Crisis-hit Sri Lanka, India revive talks to link electric grids: Report

India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters