Ahead Of IMF Bailout, Sri Lanka Seeks “10-Year” Time To Repay Debt
Sri Lanka is also banking on the IMF deal to unfreeze billions of dollars in foreign aid.Cash-strapped Sri Lanka is seeking a 10-year moratorium on its foreign debt, President Ranil…
“A Friend In Need Is A Friend Indeed”: Sri Lanka’s Praise For India
“Your real friends are tested when bad time comes,” he said.New Delhi: India helped Sri Lanka more than any other country, especially when the island nation was struggling through an…
Crisis-Hit Sri Lanka Likely To Delay March 9 Election
Sri Lanka’s top court is expected to make a ruling on Thursday.Colombo: Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official, prompting…
“Only Option We Have…”: Sri Lanka President On Economic Recovery
Ranil Wickremesinghe stressed he is attempting to reinvigorate the country’s economyColombo: In the face of unprecedented economic hardship in Sri Lanka, President Ranil Wickremesinghe has said that the only option…
Bankrupt Sri Lanka Clears Budget, Securing Twice-Delayed IMF Bailout
Wickremesinghe has already sharply raised taxes and increased fuel. (Representational)Colombo: Crisis-hit Sri Lanka’s parliament today approved President Ranil Wickremesinghe’s 2023 budget, vital to raising government revenue and securing a twice-delayed…
UK To Deport Sri Lankan Refugees To ‘Third Country’: Report
Australia has reiterated that illegal Sri Lankan immigrants wouldn’t be tolerated. (File)London: The United Kingdom has decided to move Sri Lankan refugees seeking asylum from the British-claimed Chagos Islands to…
Crisis-Hit Sri Lanka Passes Amendment To Curb Presidential Powers
Security personel patrol in a boat in the premises of the Parliament building in Colombo, Sri Lanka.Colombo: Sri Lanka’s parliament voted Friday to curtail the powers of the president, a…
Have To Cooperate With India To Ensure Development: Lanka President Wickremesinghe
President Wickremesinghe was visiting the eastern port district of Trincomalee. (File)Colombo: Sri Lanka has to cooperate with India to develop the crisis-hit island nation, President Ranil Wickremesinghe said today, underlining…
At Ex PM Mahinda Rajapaksa’s 1st Address Since Ousting, He Made This Error
Mahinda Rajapaksa had to be evacuated by the military from his official residence. (File)Colombo: Sri Lanka’s former prime minister Mahinda Rajapaksa addressed his first public meeting on Saturday since he…
India Provided $4 Billion In Food, Financial Aid To Crisis-Hit Sri Lanka
India provided nearly $4 billion in food and financial assistance to Sri Lanka.New York: India on Sunday highlighted its constructive and significant role in human-centric globalization at the United Nations…