Explained: the Economic Crisis in Sri Lanka Sri Lanka is currently in an economic and political crisis of mass proportions, recently culminating in a default on its debt payments. The country is also nearly at empty on their foreign currency reserves, decreasing the ability to purchase imports an...
U.N. Presses Sri Lanka to Advance Human Rights Amid Economic Crisis More Reuters FILE PHOTO: Protesters shout slogans at an anti-government rally, amid the country's economic crisis, in Colombo, Sri Lanka, August 6, 2022. REUTERS/Kim Kyung-Hoon/File Photo By Uditha Jayasinghe COL...
SLFP General Secretary Dayasiri Jayasekera says the reaction of the Sri Lanka Podujana Peramuna (SLPP) to the deteriorating financial crisis and a spate of other contentious issues have compelled some members of the ruling coalition to make a set of alternative proposals dubbed a national declaratio...
SRI LANKA: ECONOMIC CRISIS RAMPING UP, AS WAR WINDS DOWNFeizal Samath
Sri Lanka declared state of emergency on Friday, after increasing unrest. Another night of protests rocked Colombo, as Sri Lankans, angry at President President Gotabaya Rajapaksa for the country’s unprecedented economic crisis, stormed the streets. Some set fire to a bu...
Inflation is very high How did Sri Lanka get here? Critics say the roots of the crisis, the worst in several decades, lie in economic mismanagement by successive governments that created and sustained a twin deficit – a budget shortfall alongside a current account deficit. Twin deficits signal...
May. 7, 2025 19:34pm BJT Mail|Share|Print|Text:AAA Video Play VideoUN official heads to Sri Lanka to resolve humanitarian crisis Play VideoObama scolds Sri Lankan unrest Play VideoSri Lankan hospital hit by mortar shell COLOMBO, May 15 (Xinhua) -- Sri Lanka's over 30-year-old conflict...
Referred to as the teardrop of India, Sri Lanka sits just off the southeast coast in the Indian Ocean. Scars of a bitter civil war are fading, and an island nation rich with resources and ripe for adventure is shining through. More on Sri Lanka Behind the Crisis in Sri Lanka What to...
Sri Lanka's cabinet – excluding the president and his brother, the prime minister – have resigned, as protests continue over the government's handling of one of the nation's worst economic crises. Severe shortages of essentials and a sharp rise in prices have been affecti...
Speaking on the economic support given by India amid Sri Lanka’s economic crisis, Wickremesinghe said he is thankful to India. “Without that (India’s support) we could not have survived and this is why we are also looking at closer relations between the two countries”. India ...