Sri Lanka
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Sri Lanka
Sri Lankan Parliament approves Domestic Debt Restructuring programme
Colombo: The Domestic Debt Restructuring programme was approved by Parliament with a majority of 60 votes with 122 members voting for…
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Economic Diplomacy
Sri Lanka parliament approves domestic debt restructuring plan
Colombo: Sri Lanka’s parliament approved a domestic debt restructuring plan on Saturday that is crucial to continue a $2.9 billion bailout…
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Highlights news
Financially Stuck Sri Lanka, Moves To Restructure Domestic Debt
Colombo, Sri Lanka: Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial…
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Economic Diplomacy
Sri lanka President meets with US Treasury Secretary and IMF Chief in Paris
Paris: President Ranil Wickremesinghe met with US Treasury Secretary Janet Yellen this week, where he provided an update on the…
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Highlights news
Ex-Sri Lanka leader stalled police probe into mass graves: Report
Colombo: Former Sri Lankan President Gotabaya Rajapaksa has been accused of tampering with police records to hamper investigations into mass…
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Highlights news
Top U.N. official flags ‘accountability deficit’ in Sri Lanka
COLOMBO : Accountability remains the “fundamental gap” in Sri Lanka’s attempts to deal with the past, a senior U.N. official…
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Sri Lanka
SLC records highest ever surplus of Rs. 6.3 billion
Colombo: Sri Lanka Cricket has reported a net surplus of Rs. 6.3 billion, the highest ever for a financial year in…
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Sri Lanka
World Bank set to approve $700 mln for Sri Lanka next week -sources
Colombo: The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its…
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Highlights news
After Bangladesh, Sri Lanka to be powered by Russia-built nuclear energy facility
Colombo : Sri Lanka this week reached a deal with Russian nuclear giant Rosatam to build a nuclear power plant…
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Economic Diplomacy
Adani Group’s wind power project in Lanka to be ready by December 2024
Colombo: In August last year, the Adani Group was given approval to start wind power projects in Pooneryn, in the…
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![Gotabaya Rajapaksa was elected Sri Lankan president in 2019 but was forced to resign last year amid angry public protests over the economic crisis [File: Andy Buchanan/Reuters]](http://southasiancorrespondent.com/wp-content/uploads/2023/06/SRI-LANKA-CRISIS-390x220.webp)




