Sri Lanka faces diesel shortage as foreign exchange crisis worsens

May 05, 2022

Colombo [Sri Lanka], May 5 : Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Thursday said the country is facing a shortage...

Sri Lanka's foreign exchange crisis gets compounded by China's debt-trap diplomacy

Jan 12, 2022

Colombo [Sri Lanka], January 13 : Sri Lanka's foreign exchange crisis is compounded by its inability to meet the financial obligations initiated in co-operation...

India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 billion to Sri Lanka

Apr 14, 2023

India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.

Sri Lanka temporarily suspends servicing USD 51 billion foreign debt payments

Apr 12, 2022

Colombo [Sri Lanka], April 12 : Amid the economic crisis in the country, the Sri Lanka government has temporarily suspended the payment of its...

Sri Lanka reduces amount of holding foreign currency to USD 10K

Jun 25, 2022

Colombo [Sri Lanka], June 25 : Amid the looming economic crisis, Sri Lanka on Saturday limited the amount of foreign currency an individual can...

Sri Lankan FM discusses economic crisis with Chinese Ambassador

Jul 03, 2022

Colombo [Sri Lanka], July 3 : Sri Lankan Minister of Foreign Affairs GL Peiris met with the Ambassador of China Qi Zhenhong in Colombo,...