Sri Lanka: PM Ranil Wickremesinghe, who lost in Colombo in the 2020 parliamentary elections and whose United National Party (UNP) could not win even a single seat in that election, was appointed as Sri Lanka's 26th prime minister earlier this month.
The IMF-Sri Lanka discussions focused on fiscal sustainability, monetary policy, exchange rate regimes, financial sector stability and structural reforms.
Unless the political parties act responsibly and forget their petty squabbles, Pakistan's economy is likely to go the Sri Lanka way. But will sense prevail?
Sri Lanka’s Power and Energy Minister Kanchana Wijesekera said that the government is ‘planning to advertise plots for studies on oil exploration in the...
Sri Lanka’s President Gotabaya Rajapaksa reshuffles his cabinet amid the ongoing economic crisis that has hit the island nation, but he didn’t appoint any...
In March, the government had guaranteed a term loan of $1 billion extended by the SBI to Sri Lanka for financing the purchase of essential goods by the island...
Protestors demand President Gotabaya to go, but he has won some breathing space. Much will depend on how the situation pans out.
Sri Lanka: Newly-appointed Prime Minister Ranil Wickremesinghe also issued a message on the occasion, stressing that the commitment to restore the lives of the...
While India has extended a helping hand to the island country, there could be trouble brewing in its own backyard with economists and public policy experts...
The 73-year-old United National Party (UNP) leader was appointed as Sri Lanka's 26th prime minister on Thursday as the country was without a government since...
Political awakening of the masses can change things around for Sri Lanka. But can people sustain the momentum and bring about reforms?
The 73-year-old United National Party (UNP) was appointed as the prime minister by President Gotabaya Rajapaksa after they held closed-door discussions on...
While addressing the nation, President Gotabaya said that after appointing the new Prime Minister and Government, a constitutional amendment will be moved to...
Sri Lanka’s worst economic crisis has provoked widespread protests calling for political reform and the resignation of President Gotabaya Rajapaksa.
Sri Lanka’s Defence Secretary General (Retd) Kamal Gunaratne on Tuesday urged protestors to exercise calm and not resort to violence. He warned if looting...
Mahinda Rajapaksa has been accused by the Opposition of inciting the ruling party mobs to attack peaceful protesters by making a defiant speech while...
Supporters of the government attacked anti-government protesters on Monday, injuring 174, leading to a nationwide indefinite curfew.
Earlier on Monday, Mahinda's supporters attacked anti-government protesters, injuring 78 people and leading to a nationwide curfew.
Sri Lankan PM Mahinda Rajapaksa, 76, under intense pressure from within his own Sri Lanka Podujana Peramuna (SLPP) ranks to resign, was gathering his...
Sri Lanka Crisis: The lawyers’ body on Saturday urged the President Gotabaya Rajapaksa to repeal a state of emergency, which was imposed after a general...
India which is reaching out to Colombo must make it clear that the help it is extending is to help the people and not to bail out President Gotabaya Rajapaksa....
Sri Lankan Prime Minister Mahinda Rajapaksa has repeatedly defied calls to quit while his brother President Gotabaya Rajapaksha has come under fire for...
President Rajapaksa’s decision was to ensure public security and maintain essential services so as to make sure a smooth functioning of the country, the...
The protesters are demanding the resignation of the government for failure in tackling the country's worst financial crisis.
On Monday, India had extended its current credit line by a further $200 million to replenish Sri Lanka’s rapidly depleting fuel stocks.