Breaking: Ranil Wickramasinghe to take oath as new PM of Sri Lanka
Sri Lankan media reports that a new cabinet will take over by the end of the week.
Highlights:
Reports say opposition ministers are gearing up to...
Lanka in Largest Meltdown Since End of Civil War
Government enforces a nationwide lockdown amid protests and food shortages.
Highlights:
Sri Lanka declared a state of emergency on May 7th as the economic and financial...
Sri Lankan PM Mahindra Rajapaksa resigns as violent protests worsen
Mahindra Rajapaksa steps down as the Prime Minister of Sri Lanka on May 9, 2022, as violence worsened amidst the worst economic crisis in...
Sri Lanka to be tagged as ‘Low Income’ : Finance Minister Sitharaman Urges IMF
India has pushed for Sri Lanka's temporary reclassification as a low-income nation for debt restructuring, which will enable the government of Sri Lanka to...
Sri Lanka’s Debt is on an unsustainable path, says IMF
Discussions between The International Monetary Fund and Sri Lanka on a possible loan programme are still in the early stages.
Despite increasing risks, Rajapaksa's administration...