Tag: ranil wickremesinghe

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 not averse to using Indian rupee as common currency: President Wickremesinghe
Posted in South Asia News

Sri Lanka not averse to using Indian rupee as common currency: President Wickremesinghe

COLOMBO: Sri Lanka would want to see the Indian rupee used as much as the US dollar, President Ranil Wickremesinghe has said, days ahead of…

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Inflation eases sharply in bankrupt Sri Lanka
Posted in South Asia News

Inflation eases sharply in bankrupt Sri Lanka

COLOMBO: Sri Lanka’s inflation eased to 12 percent in June, official data showed Saturday, the lowest figures since the island nation careened into an unprecedented…

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Sri Lanka: Sri Lanka Economic Crisis: Sri Lanka could exit bankruptcy by September, says president | World News
Posted in South Asia News

Sri Lanka: Sri Lanka Economic Crisis: Sri Lanka could exit bankruptcy by September, says president | World News

COLOMBO: Sri Lanka could exit bankruptcy by September, President Ranil Wickremesinghe said on Friday, signalling a turnaround for the country which is emerging from its…

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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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Sri Lanka's economic recovery remains challenging: IMF
Posted in South Asia News

Sri Lanka’s economic recovery remains challenging: IMF

Cash-strapped Sri Lanka’s economy showed “tentative signs of improvement” but recovery remains challenging and Colombo must pursue painful reforms, the IMF said Friday.The International Monetary…

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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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