Page 10 - Sri Lanka

No-trust vote likely in Lanka after Oppn gets hold of required support

Stocks plunge nearly 10%

Sri Lanka PM says he is in good health, rejects 'false propaganda'

'The propaganda that the Prime Minister is being treated in a private hospital for an illness is completely false,' the Prime Minister's Media Division (PMMD) said

SJB claims having over 113 signers for no-confidence against Sri Lanka govt

One of the demands of recent anti-government protests has been a constitutional amendment to reduce the power of the executive

Lankan stocks fall as trading resumes after 2 weeks amid deepening crisis

Sri Lanka Stock Market Colombo All-Share Index fell as much as 6.7% while blue-chip index slumped 5.2% within seconds of resumption of trading

Sri Lankans to face severe power cuts due to lack of sufficient fuel, water

Ceylon Electricity Board announced that power cuts will be imposed in 20 zones from 'A' to 'W' between 8.30 am and 6.00 pm (local time) for 3 hours and between 6.00 pm and 10.30 pm for 30 minutes

Situation tense near Lankan PM's residence amid anti-government protests

Food and fuel shortages, soaring prices and power cuts are affecting a large number of the people resulting in massive protests in the country

Thousands of students mob Sri Lanka PM's home over economic trouble

Dozens were demonstrating from the parapet and boundary walls of the official residence - in images similar to that of a seize

Sri Lanka to appoint advisors on debt restructuring in next 20 days

Sabry said that the discussions he started with IMF officials in Washington would end on Sunday, and that there are a lot more discussions to be held ahead

IMF assures to support Sri Lanka's efforts to overcome economic crisis

The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis

IMF says it held 'fruitful' discussions with Sri Lanka on loan request

IMF on Saturday said that it held "fruitful technical discussions" with Sri Lankan authorities on the island nation's request for an IMF-supported loan program this week.

IMF says held 'fruitful' technical talks with Sri Lanka on loan request

The Fund said in a statement that the discussions included the need for Sri Lanka to implement 'a credible and coherent strategy' to restore macroeconoimc stability

Sri Lanka PM dismisses calls for interim govt to tackle economic crisis

Anti-government protesters in Sri Lanka are demanding the resignation of President Gotabaya Rajapaksa, Prime Minister Mahinda as they blame government policies for the forex crisis

India extends additional $500 mn credit line to Sri Lanka for fuel purchase

India has already agreed to defer USD 1.5 billion in import payments that Sri Lanka needs to make to the Asian Clearing Union

China must be treated as equal Sri Lanka creditor: India to IMF, World Bank

"All creditors must be treated equally and with transparency," Sitharaman said in an interview in Washington Friday. "I've emphasized that point in general and in the context of Sri Lanka."

China assures help to solve urgent economic crisis: Sri Lankan PM

Rajapaksa on Friday said in a telephone conversation with Chinese Prime Minister Li Keqiang, who assured him that China will support Sri Lanka for economic and social stability

Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis

Consequently, the food inflation also increased from 24.7 per cent last month to 29.5 per cent for March

Sri Lanka says India, World Bank consider $2 billion bridge finance

The country of 22 million people is struggling to pay for imports after a sharp drop in foreign exchange reserves which has led to a currency devaluation and soaring inflation

India, World Bank considering $2-billion bridge finance: Sri Lanka

India has extended the duration of the $400-million currency swap facility which had been concluded with the island nation in January.

18 more Lankans fleeing economic crisis land in Tamil Nadu's Dhanushkodi

The 18 people, among whom there were children, came in two batches in as many boats and were dropped off at Arichalmunai

Sri Lanka police transfer 3 officers over protester's death in Rambukkana

The Sri Lankan government on Thursday deployed troops as a precautionary measure in Rambukkana after lifting the curfew