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Sri Lanka has approved a new law backed by the International Monetary Fund (IMF) allowing the state to seize any proceeds from criminal activities, a cabinet spokesperson said on Friday. The new ...
(Reuters) - Global investors and Sri Lankan officials expect to start negotiations aimed at restructuring $12 billion in defaulted global bonds next week, Bloomberg News reported on Thursday.
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]
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 crisis in the country. The anti-government sentiment across various parts of Sri ...
The new station remained independent for less than two months as the government took control of it on 5 June 1979 following a dispute with President J. R. Jayewardene. Sri Lanka's second state-owned TV station - Sri Lanka Rupavahini Corporation (SLRC) - was established by the Sri Lanka Rupavahini Corporation Act No. 6 of 1982.
COLOMBO (Reuters) -Sri Lanka on Saturday invited Japan to resume investment in projects including power, roads and ports as the Japanese foreign minister wrapped up the first high-level visit to ...
The Government of Sri Lanka ( GoSL) ( Sinhala: ශ්රී ලංකා රජය, romanized: Śrī Lankā Rajaya; Tamil: இலங்கை அரசாங்கம்) is a Semi-presidential republic determined by the Sri Lankan Constitution. It administers the island from both its commercial capital of Colombo and the administrative ...
Sri Lanka's security forces abducted men and women from the ethnic Tamil minority and tortured them in custody long after the end of a bloody civil war in the South Asian island nation, a human ...