Showing 1-10 of 102 results
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Sri Lanka's dangerous debt crisis
Oped, Published on 20/09/2023
» More than a year after the mass protest movement known as the Aragalaya ousted Sri Lanka's President Gotabaya Rajapaksa and his brother, Prime Minister Mahinda Rajapaksa, Sri Lankans have once again taken to the streets.
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Sri Lanka unveils debt restructuring plan
AFP, Published on 29/06/2023
» COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.
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IMF links Sri Lanka bailout to tackling corruption
AFP, Published on 21/03/2023
» COLOMBO: Sri Lanka must not allow entrenched corruption to undermine a bailout for its bankrupt economy, the IMF said Tuesday after signing off on a $3 billion loan for the crisis-hit nation.
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China agrees to restructure Sri Lanka loans
AFP, Published on 07/03/2023
» COLOMBO: Sri Lanka's president said on Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clearing the final obstacle to a long-awaited International Monetary Fund bailout.
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Sri Lanka outlaws strikes as anti-tax protests spread
AFP, Published on 28/02/2023
» COLOMBO - 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 to protest against painfully high taxes and utility bills.
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China's power rises in global slowdown
Sunday Spotlight, Published on 30/10/2022
» When Suriname couldn't make its debt payments, a Chinese state bank seized the money from one of the South American country's accounts.
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Court says Sri Lankan ex-leaders can be prosecuted
Published on 07/10/2022
» COLOMBO: Sri Lanka’s top court has granted permission for proceedings against former president Gotabaya Rajapaksa, according to the rights group that filed the case against him.
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Ousted Sri Lanka leader faces arrest calls
AFP, Published on 03/09/2022
» COLOMBO: Deposed Sri Lankan president Gotabaya Rajapaksa faced calls for his arrest Saturday after returning home from self-imposed exile under the protection of his successor's government.
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Sri Lanka's deposed ex-leader returns from exile in Thailand
Published on 03/09/2022
» COLOMBO: Ousted Sri Lankan president Gotabaya Rajapaksa has returned home to a state-provided official residence and taxpayer-funded security after fleeing the country in July, two senior officials said on Saturday.
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Deposed Sri Lankan president 'to return home' from Bangkok
Published on 02/09/2022
» COLOMBO: Bankrupt Sri Lanka's deposed former president Gotabaya Rajapaksa is expected to end his self-imposed exile in Thailand and return home imminently, a top defence official told AFP on Friday.
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