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It’s the first election since the mass protests - called the “aragalaya”, Sinhalese for struggle – which were sparked by Sri Lanka’s worst economic crisis. Inflation was at 70%. Basics ...
September 20, 2024 at 3:03 PM. By Uditha Jayasinghe and Sudipto Ganguly. COLOMBO (Reuters) - Millions of Sri Lankans cast their votes on Saturday to select a new president who will face the task ...
The Sri Lankan economic crisis[8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Sri Lankan housewife Lankika Dilrukshi says she is tired of the daily struggle needed to provide for her children. Dilrukshi, 31, is one of the millions of people barely able to make ends meet ...
[17] [18] Sri Lanka's credit was also downgraded as a result of the crisis, [19] [20] while the United States and Japanese governments froze more than a billion US dollars worth of development aid. November saw industrial activity in Sri Lanka slow as a result of the crisis, falling 3.7% from October to November, the largest seen since it began ...
Emergency food rations delivered to over one million survivors in first 20 days of crisis, including 750,000 people in Sri Lanka. Using every possible means of transport, from landing craft to trucks, WFP moved a total 10,000 metric tons of food to Indonesia, Sri Lanka, Maldives, Myanmar, Somalia and Thailand.
Sri Lanka-China relations started as soon as the People's Republic of China was formed in 1949. The two countries signed an important Rubber-Rice Pact in 1952. [244] Sri Lanka played a vital role at the Asian–African Conference in 1955, which was an important step in the crystallisation of the NAM. [245]
Ranil Wickremesinghe is elected as the President by the Parliament on 20 July. The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic ...