Sri Lanka elections: What are voters expecting? | Video Credit: The Hindu On September 21, Sri Lanka will vote for its new President. What sets this election apart from previous ones is that it’s the first since the country went through its worst economic crisis two years ago. The Janatha Argalaya, or the people’s struggle, … Read more
Ranil Wickremesinghe. File | Photo Credit: AP Dismissing the possibility of an international probe into the 2019 Easter terror attacks, Sri Lankan President Ranil Wickremesinghe has reiterated that such an investigation into the incident was not permissible under the country’s law. Responding to Sunday’s editorial in the Catholic Church’s Messenger newspaper titled “An international investigation … Read more
President of Sri Lanka, Ranil Wickremesinghe. | Photo Credit: ANI Sri Lankan President Ranil Wickremesinghe plans to press ahead with his quest for the full implementation of the 13th Amendment as part of his reconciliation efforts with the country’s minority Tamil community, Presidential officials said on Wednesday. The minority Tamil community in Sri Lanka has … Read more
Sri Lankan President Ranil Wickermesinghe shakes hand with his French counterpart Emmanuel Macron during a meeting in Colombo, Sri Lanka, Friday, July 28, 2023. | Photo Credit: AP French President Emmanuel Macron held discussions with his Sri Lankan counterpart on July 29 on an open and inclusive Indo-Pacific region in the first-ever visit by a … Read more
Representational image only. | Photo Credit: Reuters The International Monetary Fund (IMF) on March 21 cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka, potentially unlocking more loans for the debt-ridden island nation, struggling to recover from last year’s economic meltdown. “The objectives of the EFF-supported programme are to restore macroeconomic stability and … Read more
Sri Lankan president Ranil Wickremesinghe. File Photo | Photo Credit: AP Sri Lanka’s request for a $2.9-billion bailout was approved by the IMF on Monday, the cash-strapped South Asian nation’s President Ranil Wickremesinghe announced. “We are pleased that the IMF Executive Board approved our program, enabling Sri Lanka to access up to $7.0 billion in … Read more
Sri Lankan President Ranil Wickremesinghe. File | Photo Credit: AFP President Ranil Wickremesinghe has instructed his Ministries to slash 5% of their estimated expenditure allocated in this year’s Budget as Sri Lanka’s Treasury was facing an acute shortage of funds, exacerbating fears that the cash-strapped country’s economic crisis could be even worse than previously anticipated. … Read more