Tag: Sri Lanka

LONDON/COLOMBO: Sri Lanka's International Monetary Fund (IMF) bailout plan could be a turning point in its worst economic crisis, but far-from-stable politics and a need to get debt relief from ...

COLOMBO: Sri Lanka's Foreign Minister Ali Sabry said on Monday (Sep 5) that a constitutional amendment Bill trimming presidential powers is expected to become law in a couple of weeks. ...

Rajapaksa's government was accused of chaotic mismanagement as the Sri Lankan economy spiralled into an unprecedented downturn. The crisis saw acute shortages of food, lengthy blackouts and long queues at ...

COLOMBO: Sri Lanka's deposed former president Gotabaya Rajapaksa returned to the country on Friday (Sep 2), an airport official said, seven weeks after he fled amid the island's worst-ever economic ...

COLOMBO: Bankrupt Sri Lanka's deposed former president Gotabaya Rajapaksa is expected to end his self-imposed exile in Thailand and return home imminently, a top defence official told AFP on Friday ...

COLOMBO: Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about US$2.9 billion, the international lender said in a statement on ...

SHORTAGES PERSIST As depleted reserves have dried up supplies of petrol, diesel and gas, lengthy fuel queues, sometimes persisting for days, have become a daily feature this year. The shortages ...

LAKSHADWEEP, India: There is a treasure in the ocean so valuable that mafias from Mexico to Africa to Japan are turning their attention to poaching rather than drugs. It is ...

COLOMBO: An International Monetary Fund (IMF) team met Sri Lanka's president on Wednesday (Aug 24) for talks on a bailout, including restructuring debt of about US$29 billion, amid the nation's ...

"He definitely wants to come back. But security is the main issue and intelligence has advised that he delay his return," said one of the sources, a Sri Lankan government ...