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Sri Lanka economy
Sri Lanka’s inflation jumps to 70.2% amidst worst-ever economic crisis
Sri Lanka's inflation surged to 70.2 per cent in August from 66.7 per cent a month ago as the island nation is grappling with the worst economic crisis, according to official data released…
Sri Lanka bans import of 300 items of consumer goods to stabilise economy
Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shampoos as part of the cash-strapped island nation’s bid to tackle its worst economic crisis…
Sri Lanka inflation surges over 60% in July
Sri Lanka’s inflation surged to 60.8% in July, up from 54.6% in June, the crisis-hit country's statistics department said on Saturday, as food and fuel remained scarce amid depleted foreign…
Sri Lanka’s inflation surges over 60% in July
Sri Lanka’s inflation surged to 60.8% in July, up from 54.6% in June, the crisis-hit country's statistics department said on Saturday, as food and fuel remained scarce amid depleted foreign…
Willing to resign, make way for all-party govt: Sri Lanka PM Wickremesinghe
Ranil Wickremesinghe on Saturday has told…
US, Canada, EU pull up Sri Lanka for imposing emergency
Key foreign envoys to Sri Lanka and rights groups have expressed concern over President Gotabaya Rajapaksa's decision to declare a state of emergency for the second time in about 5 months,…
Sri Lanka in talks for $100 mn emergency funding from China-backed bank
The China-backed Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to…
Crisis-hit Sri Lanka re-introduces fuel rationing
Sri Lanka's state-owned petroleum corporation on Thursday re-introduced fuel rationing for vehicles, as the worst economic crisis in decades roils the country with massive public protests…
Cash-strapped Sri Lanka to sell ‘golden’ visas
Cash-strapped Sri Lanka announced on Tuesday it would sell long-term visas to attract desperately needed foreign currency after the island nation ran out of dollars to pay even for food and…