Tag: gotabaya rajapaksa

Keen to see rupee used as much as dollar, says Lanka President
Posted in Rest of World News

Keen to see rupee used as much as dollar, says Lanka President

COLOMBO/ NEW DELHI: Days ahead of his visit to New Delhi, Sri Lankan president Ranil Wickremesinghe has said that the island nation would want to…

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Sri Lanka unveils debt restructure to tackle economic crisis
Posted in South Asia News

Sri Lanka unveils debt restructure to tackle economic crisis

COLOMBO: Sri Lanka’s central bank unveiled a far-reaching debt restructuring plan on Thursday aimed at restoring stability after an unprecedented economic crisis last year that…

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Cash-strapped Sri Lanka to restructure domestic debt
Posted in South Asia News

Cash-strapped Sri Lanka to restructure domestic debt

COLOMBO: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the government’s domestic debt…

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Sri Lanka can't afford to hold snap presidential election this year due to economic crisis: Cabinet spokesman
Posted in South Asia News

Sri Lanka can’t afford to hold snap presidential election this year due to economic crisis: Cabinet spokesman

COLOMBO: Sri Lanka is not in the position to hold a snap presidential election this year because of the ongoing economic crisis and the government’s…

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China assures Sri Lanka of 'steadfast support' on its road to economic recovery
Posted in China News

China assures Sri Lanka of ‘steadfast support’ on its road to economic recovery

COLOMBO: China’s vice minister of foreign affairs Sun Weidong has assured Sri Lankan President Ranil Wickremesinghe of ‘steadfast support’ to overcome the unprecedented economic crisis…

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China assures Sri Lanka of 'steadfast support' on its road to economic recovery
Posted in South Asia News

China assures Sri Lanka of ‘steadfast support’ on its road to economic recovery

COLOMBO: China’s vice minister of foreign affairs Sun Weidong has assured Sri Lankan President Ranil Wickremesinghe of ‘steadfast support’ to overcome the unprecedented economic crisis…

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Posted in South Asia News

Wickremesinghe: Sri Lanka to complete domestic and external debt reworking by September: President Wickremesinghe

COLOMBO: President Ranil Wickremesinghe has said that Sri Lanka‘s debt restructuring programme will be completed by September this year and its bankrupt economy will be…

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Imf: Sri Lanka's debt restructuring likely to be complete by September: IMF
Posted in South Asia News

Imf: Sri Lanka’s debt restructuring likely to be complete by September: IMF

COLOMBO: The IMF has expressed hope that Sri Lanka‘s debt restructuring process would be completed by September, which is also the time for the global…

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