Sri Lanka economy

Don't want 'external forces' to guide us on our economy: Sri Lankan FM on proposed UN resolution

"We will not allow external forces to tell us how to manage our economy, we have taken our own measures for economic recovery," Sabry told reporters.

published on : 5th October 2022

Lankan economic woes to last another year; nuclear energy, logistics could revive condition: Prez Ranil

Wickremesinghe, who has previously described Sri Lanka's economy as bankrupt, said that economic reforms would require higher taxation.

published on : 6th August 2022

Sri Lanka's economy has 'completely collapsed': Wickremesinghe 

For Sri Lanka, the Prime Minister said, the only safe option now is to hold discussions with the International Monetary Fund.

published on : 22nd June 2022

Sri Lanka holds its breath as new PM fights to save economy

Lines to buy fuel and cooking gas have stretched kilometres every day, with Sri Lankans weathering heavy rains and scorching heat to buy essential items that cost three times now. 

published on : 6th June 2022

Sri Lanka closes schools, asks officials not to report to work amid fuel shortage

State- and government-approved private schools also closed Friday amid the worsening fuel shortage, with thousands of people waiting in queues at fuel stations across the country for days at a time.

published on : 20th May 2022

Sri Lanka: Fuel prices up ahead of IMF talks

Sri Lanka is in the grip of its worst economic crisis since independence from Britain in 1948. It has led to shortages of fuel, food and essential medicines.

published on : 18th April 2022

Sri Lankan protesters reject PM Mahinda Rajapaksa's offer for talks

Social media posts from the participants said they were unwilling to have any talks unless the Rajapaksas quit from all positions in the government.

published on : 14th April 2022

Sri Lankan economy facing mounting challenges, public debt at 'unsustainable levels': IMF

Sri Lanka is currently reeling under a severe foreign exchange crisis with falling reserves and the government is unable to foot the bill for essential imports.

published on : 3rd March 2022