Sri Lanka

Sri Lanka PM trying to fast-track IMF talks
The PM is seeking $4bn from the IMF, China and Japan to pay for food and fuel even as he slashes budget to ‘bare bones’.
Published On 26 May 2022
Sri Lanka PM to take over as finance minister too
Wickremesinghe will present an interim budget within six weeks that will slash government expenditure ‘to the bone’.
Published On 25 May 2022
Sri Lanka hikes fuel prices, hires financial and legal advisers
Price increase comes as Sri Lanka hires heavyweight financial, legal advisers Lazard and Clifford Chance: Reuters.
Published On 24 May 2022
Climate crisis made South Asia heatwaves ’30 times more likely’
Study says heatwaves in the region should be ‘rare’ but current level of global warming made them 30 times more likely.
Published On 24 May 2022

As essential medicines disappear from shelves, doctors forced to postpone life-saving procedures amid economic crisis.

Prime minister warns of a food crisis after chemical fertilisers ban by previous government drastically cut crop yields.

Protesters want a new Sri Lanka, not just a reshuffling of the stale old cards.

Central bank says it has secured foreign exchange to pay for fuel and cooking gas shipments amid protest by students.

The island nation fell into default for the first time in its history as the gov’t struggled to halt an economic crisis.

It was the first-ever public event on the island where mostly majority ethnic Sinhalese memorialised the minority group.

Power and energy minister ‘respectfully’ advises against forming queues, saying there are no sufficient petrol stocks.

Once self-sufficient nation reels from fall-out of ill-conceived shift to organic agriculture, economic crisis.

Ruling party defeats move to urgently debate the motion censuring President Gotabaya Rajapaksa for the economic crisis.

Parliament meets for the first time since last week’s violence that saw Mahinda Rajapaksa resign as prime minister.

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