IMF Approves $2.9 Billion Bailout For Sri Lanka
Sri Lanka defaulted on its foreign debt in April 2022.Colombo: Sri Lanka’s president said Monday that the International Monetary Fund has approved its request for a $2.9 billion bailout, raising…
Sri Lankan Government’s Printer Requests Funds To Print Ballot Papers
Sri Lankan President Ranil Wickremesinghe had earlier blocked the funds. (File)Colombo, Sri Lanka: The Sri Lankan government’s printer Gangani Liyanage on Thursday made written requests to both the Treasury Secretary…
“Will Play Positive Role” In Helping Bankrupt Sri Lanka, Says China
China said that it would “play a positive role” in helping bankrupt Sri Lanka. (Representational)Beijing: China said on Wednesday that it would “play a positive role” in helping bankrupt Sri…
Sri Lanka Secures $2.9 Billion IMF Deal After China’s Support
IMF said China’s backing would also speed up funding from others. (Representational)Washington: China’s agreement to restructure its loans to Sri Lanka paves the way for International Monetary Fund financing to…
Amid Economic Crisis, Sri Lanka Postpones March 9 Elections
A fresh date for the polls will be announced on March 3. (Representational)Colombo: Sri Lanka’s Election Commission on Friday formally announced that the local body elections will not be held…
After India, China Backs Sri Lanka’s Bid To Secure IMF Bailout Package
The economic crisis triggered by forex shortages has sparked public protests in Sri Lanka.China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD…
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…
Amid Crisis, 12 More Sri Lankan Nationals Arrive In Tamil Nadu
At least 12 Sri Lankan nationals arrived in India’s Tamil Nadu, officials said. (Representational)Rameswaram: Hit by the economic crisis in their country, 12 more Sri Lankan nationals arrived here on…
Sri Lanka’s IMF Bailout Deal Could Be A Turning Point, Now It Courts China And India
Sri Lanka has an IMF deal, now it courts China and IndiaSri Lanka’s International Monetary Fund bailout plan could be a turning point in its worst economic crisis, but far-from-stable…
India Committed To Assist Lanka’s Economic Crisis: President Murmu
“As a close neighbour, India has been committed to assist the Lankan people,” President Murmu said.New Delhi: Newly-elected President Droupadi Murmu while extending felicitations to Sri Lankan President Ranil Wickremesinghe…