Page 13 - Sri Lanka
Sri Lanka seeks immediate funds as aid talks shift to Washington
In the absence of revenue from tourism, Sri Lanka has in recent times turned to countries including China and India for support amid a weak foreign-reserves position
 "Sri Lanka seeks immediate funds as aid talks shift to Washington")
Sri Lanka seeks up to $4 bn ahead of IMF talks; Pak to name finance chief
The island nation is looking at making a "decent case" before the International Monetary Fund to help preserve the economy, Finance Minister Sabry said
 "Sri Lanka seeks up to $4 bn ahead of IMF talks; Pak to name finance chief")
Port City Colombo: The great Chinese white elephant of Sri Lanka
The project is envisioned as a playground for the rich who would earn in dollars and keep all of it
 "Port City Colombo: The great Chinese white elephant of Sri Lanka")
Sri Lanka's economic outlook uncertain, needs urgent measures: World Bank
The island nation faces a highly uncertain economic outlook due to fiscal and external imbalances
 "Sri Lanka's economic outlook uncertain, needs urgent measures: World Bank")
Debt payment to exports ratio highest in Pak, Sri Lanka in South Asia
The World Bank also improved Pakistan's GDP growth prospects up to 4.3 per cent from the earlier projection of 3.4 for the current fiscal year and 4 per cent for the next fiscal year 2022-23.
 "Debt payment to exports ratio highest in Pak, Sri Lanka in South Asia")
Sri Lankan protestors celebrate traditional New Year near Gotabaya's office
Sri Lankans shared milk rice and oil cakes to celebrate their traditional new year on Thursday opposite the president's office, where they camped out for a sixth day demanding his resignation
 "Sri Lankan protestors celebrate traditional New Year near Gotabaya's office")
Sri Lankans protesting at Galle Face reject PM Rajapaksa's offer for talks
PM Rajapaksa on Wednesday had offered to hold talks with the protesters.
 "Sri Lankans protesting at Galle Face reject PM Rajapaksa's offer for talks")
What's happening in Sri Lanka and how did the economic crisis start?
The island nation of Sri Lanka is in the midst of one of the worst economic crises it's ever seen
 "What's happening in Sri Lanka and how did the economic crisis start?")
Sri Lankan PM Mahinda Rajapaksa says govt ready for talks with protesters
Sri Lankan Prime Minister Mahinda Rajapaksa has said his government is ready to hold discussions with youth who are holding protests at the Galle Face Green
 "Sri Lankan PM Mahinda Rajapaksa says govt ready for talks with protesters")
India open to additional $2-bn aid for Sri Lanka with eye on China: Report
Sri Lanka, hit by its worst economic crisis since independence and on the brink of its first debt default, has been asking friendly nations including India and China for credit lines, food and energy
S&P lowers Sri Lanka's sovereign rating to 'CC' indicating looming default
Suspension of external debt servicing by country triggers action
 "S&P lowers Sri Lanka's sovereign rating to 'CC' indicating looming default")
With problems of his own, Xi hesitates on bailing out SL, Pak as debt soars
China hasn't reissued loans totalling $4 billion that Pakistan repaid in late March, and hasn't responded to Sri Lanka's pleas for $2.5 billion in credit support
 "With problems of his own, Xi hesitates on bailing out SL, Pak as debt soars")
Sri Lankan protesters reject PM Mahinda Rajapaksa's offer for talks
Social media posts from the participants said they were unwilling to have any talks unless the Rajapaksas quit from all positions in the government
Sri Lanka's Beijing envoy confident of getting assistance from China
Sri Lankan ambassador to China, Palitha Kohona says that China is ready to support the island nation with almost $2.5 billion in finances.
 "Sri Lanka's Beijing envoy confident of getting assistance from China")
On Sri Lankan New Year's eve, Prez Rajapaksa invites protesters to table
The Sri Lankan government has announced that it is ready to talk with the protesters, who have occupied the entrance to the President's Office in Colombo.
 "On Sri Lankan New Year's eve, Prez Rajapaksa invites protesters to table")
BS Number Wise: From bad to worse, tracking Sri Lanka's economy
The country is drowning in debt and the currency can buy little in a worsening crisis
Protests intensifies in Colombo against Sri Lankan govt amidst crisis
Protests in Colombo intensified on Tuesday against the Sri Lankan government amidst the ongoing economic crisis, despite Prime Minister Mahinda Rajapaksa's appeal to the people
Drugs running out, surgeries cancelled as Sri Lanka's health system buckles
The lack of foreign exchange has left President Gotabaya Rajapaksa's government unable to import essentials including medicines and fueL
 "Drugs running out, surgeries cancelled as Sri Lanka's health system buckles")
Sri Lanka says will default on all external debt to pay for food
All outstanding payments to bond holders, bilateral creditors and institutional lenders will be suspended until a debt restructure, Lanka's finance ministry said
 "Sri Lanka says will default on all external debt to pay for food")
Sri Lanka suspends external debt payments, says needs money for essentials
Street protests against shortages of fuel, power, food and medicine have gone on for more than a month
