Tag: Sri Lanka

Sri Lanka
World Bank ready to provide emergency support to Sri Lanka: report

With the economic crisis and the shortage of forex, an Indian credit line of USD 500 million for fuel imports provided a lifeline to the island nation.

  • Thursday, 21 April 2022
Beleaguered Sri Lanka Prez admits mistakes, apologises to people
Beleaguered Sri Lanka Prez admits mistakes, apologises to people

Rajapaksa also justified the public anger over the unbearable cost of living, but refused to give up his post despite mounting public pressure around the country with massive protests demanding him to step down.

  • Monday, 18 April 2022
Elon Musk
Twitterati asks Musk to buy Sri Lanka instead of Twitter for $43bn

Recently, Musk announced that he had made an offer to buy Twitter. The billionaire is willing to pay $54.20 per share to buy 100 per cent of the company.

  • Saturday, 16 April 2022
Sri Lanka PM
Lanka Crisis: PM Mahinda Rajapaksa Offers To Hold Talks With Protesting Youths

The prime minister has said if the protestors are ready for talks, he would extend an invitation for their representatives to meet for discussions, the statement noted.

  • Wednesday, 13 April 2022
Sri Lanka
Crisis-Hit Sri Lanka Announces Debt Default

The debt servicing suspension will be in force for an interim period pending an orderly and consensual restructuring consistent with the proposed arrangement with the IMF.

  • Tuesday, 12 April 2022
Sri Lanka Crisis
WATCH | Protest Continue To Erupt In Crisis-Torn Sri Lanka

WATCH | Protest Continue To Erupt In Crisis-Torn Sri Lanka

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  • Saturday, 09 April 2022
Sri Lanka Prez
Sri Lanka Appoints Advisory Panel To Help Resolve Growing Debt Crisis, Engage With IMF

Speaking in Parliament on Wednesday, Chief Government Whip Johnston Fernando said the government will face this problem and there is no reason for President Gotabaya Rajapaksa to resign as he was elected to office.

  • Thursday, 07 April 2022
Sri Lankan Prez
SL Prez Revokes Emergency Law With The Doubt Of Defeat In Parliament

Soon after the government lost the majority power on Tuesday, Tamil National Alliance (TNA), the main Tamil party representing Tamils from the North and East of the island nation, questioned continuity of Emergency regulation.

  • Wednesday, 06 April 2022
Gotabaya Rajapaksa
Sri Lankan Ruling Party Loses Majority In Parliament

At the 2019 Presidential election, Gotabaya Rajapaksa, was elected President with a sweeping 2/3 majority with over 6.9 million votes.

  • Tuesday, 05 April 2022
Gotabaya Rajapaksa
Lankan Economic Crisis: Rajapaksa's Grip On Power Weakens As Dissidents Plan To Ditch Govt

The dissidents, led by former president Sirisena's Sri Lanka Freedom Party (SLFP), would leave the ruling Sri Lanka Podujana Peramuna (SLPP) coalition with its 14 Members of Parliament, party sources said after their meeting with the President on Monday.

  • Tuesday, 05 April 2022
Sri Lankan President Gotabaya Rajapaksa
4 Ministers Sworn Into New Sri Lankan Cabinet

More ministers will be sworn into the cabinet in the coming days if the opposition parties agree to form a united government, government officials said.

  • Monday, 04 April 2022
India Speeds Up Rice Shipments To Help Crisis-Ridden Sri Lanka
India Speeds Up Rice Shipments To Help Crisis-Ridden Sri Lanka

The consignment forms part of the 300,000 tonnes of rice that will be shipped to Sri Lanka in the coming months.

  • Monday, 04 April 2022
Mahinda Rajapaksa
Sri Lanka's Cabinet Of Ministers Resign With Immediate Effect, As Country Faces Its Worst Economic Crisis Of All Time

The government declared a state of emergency after an angry mob surrounded the private residence of Rajapaksa on March 31.

  • Monday, 04 April 2022
40,000 MT Diesel From India Reaches Crisis-Hit Lanka As It Struggles To Mitigate Power Outage
40,000 MT Diesel From India Reaches Crisis-Hit Lanka As It Struggles To Mitigate Power Outage

Officials of the state fuel entity, Ceylon Electricity Board (CEB), said the Indian diesel supplies would ease the ongoing power cuts. The power cuts effective Saturday are over 8.5 hours.

  • Saturday, 02 April 2022
Gotabaya Rajapaksa
Sri Lanka Declares State Of Emergency Amid Unrest

Sri Lanka's President Gotabaya Rajapaksa on Friday declared a state of emergency in the country giving the security forces wide authority to arrest and detain suspects with immediate effect.

  • Saturday, 02 April 2022
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