China’s stand may deprive Sri Lanka of USD 2.9 bn from IMF in early 2023: CPA chief
Colombo: Executive Director of the Centre of Policy Alternatives (CPA) Dr. Paikiasothy Saravanamuttu has said China’s unwillingness to accept the proposed debt restructuring might deprive economic-crisis-hit Sri Lanka of the USD 2.9 billion credit facility, from the IMF.
Sri Lanka will witness revolt if no election is held within six months, warns top monk
Colombo: A mass revolt will become inevitable in Sri Lanka if a general election is not held within six months after the formation of an all-party government, a top Buddhist monk warned in comments published on Tuesday.
German politician says Sri Lanka is the most glaring example of how BRI debt trap can ruin a nation
Berlin: German politician Jo Leinen, who is also a former Minister of Environment and Member of the European Parliament, has said Sri Lanka might be the most glaring example of how the BRI (China's Belt and Road Initiative) debt trap can totally ruin a country.
USAID announces additional USD 20 million in humanitarian aid in Sri Lanka
Washignton: United States Agency for International Development Administrator Samantha Power on Sunday announced an additional $20 million in humanitarian assistance to support Sri Lankans during the complex emergency that has resulted in a severe economic crisis leaving 5.7 million people in urgent need of food, agriculture, livelihood support, protection.
Bangladesh will not face Sri Lanka-type economic crisis, assures PM Sheikh Hasina
Dhaka: Rejecting concerns that Bangladesh could go the Sri Lanka way, Prime Minister Sheikh Hasina on Sunday said that despite the Covid-19 onslaught and the Russia-Ukraine conflict, her country's economy continued to be in robust shape and that her regime exercised a high level of diligence when taking any loans.
Sri Lanka: WFP helps alleviate stress of pregnancy amidst skyrocketing food prices
New York: The queue of women grows steadily outside a government clinic in Kuppiyawatta, in the Sri Lankan capital, Colombo. In just over half an hour the number swells to around 200. Pregnant women, some with children in hand, are waiting their turn to receive food vouchers from the UN World Food Programme (WFP) – part of its emergency food assistance response.
Sri Lanka’s economic crisis pushes health system to brink of collapse
New York: Sri Lanka is in the midst of the worst socio-economic crisis in its history, and the once robust health-care system is nearing collapse, with patients at risk from power shortages, a lack of medicines, and equipment shortages.
Sri Lanka: Security forces raid main anti-government protest camp in Colombo
Colombo: Sri Lankan security forces on Thursday raided the main anti-government protest camp in Colombo city and even started pulling down tents.
India denies influencing Sri Lankan leaders amid Presidential poll
Colombo: India on Wednesday rejected reports "baseless" and "purely speculative" reports that it influenced Sri Lanka political leaders on the elections of Sri Lankan President.
Sri Lanka Crisis: Ranil Wickremesinghe declares state of emergency
Colombo: Sri Lanka's acting president Ranil Wickremesinghe has declared a State of Emergency across the island nation from Monday.
Steps discussed to provide essentials: Sri Lankan president Ranil Wickremesinghe
Colombo/UNI: Sri Lanka's Acting President Ranil Wickremesinghe on Saturday said the government has decided to implement an urgent programme to supply fuel, gas and essential food items to the people amid the country's worst economic crisis.
First consignment of diesel arrives in Colombo: Minister
Colombo: Power and Energy Minister Kanchana Wijesekera on Saturday said a consignment of diesel has arrived in the Colombo port.
Sri Lankan Economic Crisis: Supermarkets in Colombo run out of food
Colombo: Supermarkets in Sri Lankan capital city of Colombo are rapidly running out of food and other essential commodities.
Ensure peaceful and constitutional transfer of power in Sri Lanka, urges UN Resident Coordinator
New York: The head of the UN Country Team in Sri Lanka has urged senior politicians to ensure a peaceful transfer of power in line with the national Constitution, following weeks of protests that finally saw the resignation of President Gotabaya Rajapaksa on Thursday.
Sri Lanka crisis: Ranil Wickremesinghe takes oath as interim president
Colombo: Sri Lankan PM Ranil Wickremesinghe on Friday took oath as the new interim President of the country, giving a new twist to the political crisis of the country.