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Sri Lanka's new president won the election decisively, but his toughest task still lies ahead as he seeks to balance promises to aid the nation's poor against the need to keep crucial supplies of ...
Left-leaning politician Anura Kumara Dissanayake has been elected as Sri Lanka’s next president after he won the debt-ridden country’s first election since its economy collapsed in 2022. The ...
Dissanayake, 55, told Sri Lankans "this victory belongs to us all", in a message on the social media platform X. Once preferences had been tallied, the Election Commission said he had won a total ...
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
Learn about the mass protests against the Rajapaksa government in Sri Lanka, also known as Aragalaya, that started in March 2022 and lasted until November 2022. Find out the causes, goals, methods, outcomes, and casualties of the protests that led to the resignation of President Gotabaya Rajapaksa and the appointment of Ranil Wickremesinghe as President.
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]
COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9 billion bailout package, due to a potential shortfall in ...
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...