Sri Lankan Finance Minister Ali Sabry resigned on Tuesday, less than 24 hours after his appointment on Monday. Dr. Srimal Fernando, an academic specialist in international relations and an adviser on new regional diplomacy, says the economic crisis in the country is a big concern....
Lanka Premier League (LPL). Image-srilankacricket.lk The Lanka Premier League 2022 was on Sunday postponed indefinitely owing to the ongoing economic crisis inSri Lanka. Initially, the third edition of the LPL was scheduled to begin on August 1 and conclude by August 21. There was a draft ...
Sri Lanka’s year-on-year economic expansion in the third quarter of 2023 was 1.6% and in the fourth quarter 4.5%, the IMF said. The economic crisis in early 2022 left Sri Lankans suffering from severe shortages of food, medicine, fuel and power, drawing strident pr...
COLOMBO, Sri Lanka (AP) — Sri Lanka will receive $300 million to $600 million from the World Bank over the next four months to buy medicine and other essential items, the country’s finance minister said Friday, as the Indian ocean island suffers its worst economic crisis in decades. ...
Vehicles queue for fuel on a street in Colombo, Sri Lanka on June 6, 2022. Sri Lankan Prime Minister Ranil Wickremesinghe said here on Tuesday the next three weeks would be tough as the nation is facing a severe economic crisis, urging citizens to use fuel and gas sparingly. (Xinhua/Tan...
Friday May 6, 2022 4:01 pm ECONOMYNEXT – The European Union (EU) will provide 200,000 Euros (over 74 million rupees) in humanitarian aid for first-aid, medical supplies and sanitary purchases for some 80,000 low-income families affected by Sri Lanka’s ongoing economic c...
ECONOMYNEXT – Sri Lanka’s Prime Minister Mahinda Rajapaksa is to make a statement on an ongoing economic crisis triggered by money printed to keep interest rates low under ‘flexible inflation targeting’. Rajapaksa will speak at 7.30pm in a national address. The current one is the third ...
Flamingos are seen at Dehiwala Zoological Garden in Colombo, Sri Lanka, June 5, 2022. Sri Lanka's Department of Zoology has informed the Wildlife Ministry that it has run out of funds to provide daily food to animals in zoos amid the ongoing economic crisis, local media reported on Thursday...
The rates of food insecurity and growth issues were notably higher during the crisis compared to pre-crisis data. This study highlights the worsening food insecurity and its significant impact on growth faltering in children under five during the 2022 economic recession.BioMed CentralBMC NutritionDili...
SRI LANKA: ECONOMIC CRISIS RAMPING UP, AS WAR WINDS DOWNFeizal Samath