Sri Lanka in talks with China for $2.5 billion in financial assistance
China is considering offering USD 2.5 billion in financial assistance to crisis hit Sri Lanka, China's top diplomat in Colombo announced today (21).
China is considering offering USD 2.5 billion in financial assistance to crisis hit Sri Lanka, China's top diplomat in Colombo announced today (21).
The people of Matara yesterday (17) joined the islandwide signature campaign to repeal Sri Lanka’s draconian Prevention of Terrorism Act (PTA).
The absence of a meeting between a top official of the International Monetary Fund (IMF) who visited Sri Lanka to brief the government on the IMF’s assessment of the crisis-hit economy and the Governor of the Central Bank shows a clear split in the government, SJB parliamentarian Dr. Harsha De Silva said.
A group of local politicians in the Jaffna peninsula protested the Sri Lankan government that created a fuel crisis in the country, in addition to the sharp increase in commodity prices.
Sri Lanka has no alternative but to seek the assistance of the International Monetary Fund (IMF) to overcome the economic crisis, former Prime Minister Ranil Wickremesinghe said.
Popular tv presenter Parami Ranasinghe of the state-owned Sri Lanka Rupavahini Corporation (SLRC) has been suspended with immediate effect for criticising President Gotabaya Rajapaksa on social media.
All political parties must set aside their narrow political agendas and sincerely commit themselves to reach a common consensus to restore the lives of all Sri Lankans, strengthen the depleted foreign reserves and ensure the economic stability of the country, the Chairman of the National Movement for Social Justice Karu Jayasuriya said.
The high-level meeting that scheduled to be held between the Tamil National Alliance (TNA) and President Gotabaya Rajapaksa has been postponed for the third time.
(BLOOMBERG) - Sri Lanka is seeking financial support from the International Monetary Fund, reversing the government’s earlier resistance as efforts to bolster its foreign exchange reserves and manage looming debt payments have been complicated by the war in Ukraine.
A humanitarian assistance programme for fishermen and their families in Northern Province was inaugurated by Indian High Commissioner Gopal Bagley on Sunday (13).