Last month, the IMF agreed to lend Sri Lanka $3bn. That was on top of a $600m loan from the World Bank last year. Sri Lanka's government is currently negotiating its debt repayments with bondholders and creditors before the IMF reviews the situation in September. Source: courtesy of BB...
The present situation in Sri Lankadoi:10.1080/03068378608730209Tilak GooneratneAsian Affairs
UNITED NATIONS, May 11 (Xinhua) -- UN Secretary-General Antonio Guterres is gravely concerned about the situation in Sri Lanka, said Farhan Haq, his deputy spokesman on Wednesday. "What I can say is that the secretary-general is deeply concerned about the escalation of violence in Sri Lanka...
COLOMBO, Feb. 14 (Xinhua) -- Sri Lanka's Foreign Ministry said on Monday it was closely monitoring the situation of the Sri Lankans residing in Ukraine and would take necessary action in the event of any emergency. An official from the ministry told reporters that approximately 40 Sri Lankan...
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Sri Lanka can cut policy rates now as private credit is negative, but should be prepared to allow interbank rates to go up as the economy recovers, to avoid economic reforms being discredited and the public from being pushed into poverty through monetary
Sri Lanka: Language SituationSri Lankans are predominantly speakers of Sinhalese with a Tamil-speaking minority. English is visible in the government, media, and education. Diglossia, multilingualism and areal convergence are predominant traits of the language situation in Sri Lanka....
In every situation we could decide if we wanna go to a certain sight or if we wanna get food or a break. We could stay as long as we want at each stop. We wanted to see teafields for so long and now we were able to visit a tea fa...
Sri Lanka, an island nation of nearly 22 million people, was once an economic hope, with a highly educated populace, a solid middle class and median income among the highest in South Asia. Now many people are living on the edge, unable to buy even the basics. ...
Rajapaksa said as Sri Lanka is now battling the COVID-19, the country looked forward to continued support from China in terms of their experience and prevention methods in controlling the pandemic as well as medical supplies. Hu briefed the prime minister on the recent situation in curbing the...