Sri Lankan president calls for imports of medicines amid economic crisisCGTN Share A pharmacist attends to a man in Lady Ridgeway Hospital for Children in Colombo, Sri Lanka, April 21, 2022. /CFP Sri Lankan President Gotabaya Rajapaksa on Friday instructed officials to utilize ...
One of the main causes of the economic crisis in Sri Lanka is the reliance onimportsand the amount spent on them. Let’s take a look at the numbers: 2021 total imports = $20.6 billion USD 2022 total imports (to March) = $5.7 billion USD ...
#SriLankaEconomicCrisis| Central bank governor Nandalal Weerasinghe said he needed Sri Lankans abroad to “support the country at this crucial juncture by donating much needed foreign exchange”.https://t.co/3A69zjsaZt — Hindustan Times (@htTweets)April 13, 2022 Sri Lankan economic crisis requi...
Fitch Ratings yesterday downgraded the state-owned Sri Lanka Insurance Corporation's (SLIC) Insurer Financial Strength (IFS) Rating to 'CC', from 'CCC+', and has placed the rating on Rating Watch Negative (RWN). SLIC's National IFS Rating of 'AA...
In 2022 Sri Lanka faced the worst ever economic crisis in its post-independent history. The crisis led to a mass political upheaval, bringing thousands of masses into the streets that resulted in the ouster of former President Gotabhaya Rajapakse. The period following the ouster saw an intense ...
The Lanka Premier League 2022 was on Sunday postponed indefinitely owing to the ongoing economic crisis in Sri Lanka. Initially, the third edition of the LPL was scheduled to begin on August 1 and conclude by August 21.
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Crisis-Hit Sri Lanka Hopes for Over $1 Billion in Foreign Investment This Year More Reuters A woman reacts as she waits in line to buy a domestic gas tank near a distributor, amid the country's economic crisis, in Colombo, Sri Lanka, June 1, 2022. REUTERS/Dinuk...
A hippo is 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...
Sri Lanka and the SDGs: Impacts of COVID-19 and the Economic Crisis From IPS’ flagship publication, ‘Sri Lanka: State of the Economy 2022’ • COVID-19 reversed Sri Lanka’s progress across several SDGs, particularly on poverty, inequality, and decent work. ...