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News Around Sri Lanka

260 Results

Sri Lanka unveils first rate cut in three years as inflation falls
Cash-strapped Sri Lanka on Thursday sharply cut interest rates for the first time since it last year crashed into its worst economic crisis, with the ... World News
Sri Lanka could wrap up debt restructure talks by September: President Wickremesinghe
Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or November at the latest, its president ... World News
India extends $1 bln credit line for Sri Lanka by a year
India has extended a $1 billion credit line for Sri Lanka by one year, a Sri Lankan official told Reuters on Tuesday, giving the crisis-hit country a ... Economy
Japan, France and India to launch platform to coordinate Sri Lanka debt
Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka’s debt, Japanese Finance Minister Shunichi ... World News
Debt-hit Sri Lanka to get first tranche of IMF bailout funds in two days
Sri Lanka will get the first $330 million tranche of an International Monetary Fund bailout in the next two days, the global lender said on Tuesday, ... Economy
Sri Lanka leader says IMF deal imminent after China’s pledge
Sri Lanka’s president said Tuesday that China has given crucial debt restructuring assurances that mean the bankrupt Indian Ocean nation could get its ... World News
Sri Lanka court orders delayed local election to go ahead
Sri Lanka’s top court on Friday ordered the government to proceed with a delayed local election, overruling President Ranil Wickremesinghe, who said ... World News
Sri Lanka outlaws strikes as anti-tax protests spread
Sri Lanka’s government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-day national stoppage called by unions ... World News
Sri Lanka delays first vote since new president due to lack of funds
Sri Lanka’s independent election commission indefinitely postponed local polls Friday after the president, installed by parliament last year after his ... World News
Sri Lanka, India to sign power grid linking pact within two months: Envoy
Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan ... World News

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