Sri Lanka news
Get the latest breaking news and top stories from Sri Lanka the latest political news sports news weather updates exam results business news entertainment news. Sri Lanka debt default has begun - rating agency.
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The country is scheduled to make 78m of interest payments on its international bonds on Monday.
. 15 hours agoSri Lankas dollar bonds due this July were indicated on Monday 049 cents lower at 4604 cents on the dollar reversing the 048 cents gain on Friday. Protesting against the government thousands of people have taken to the streets across the nation since April 9 demanding resignation of both the President and the Prime Minister. Parliamentary proceedings temporarily halted.
This in turn has led to severe shortages runaway inflation and lengthy power blackouts. The Sri Lankan government affirmed that the State of Emergency was declared by the President effective yesterday May 6 to ensure political stability which is a vital condition in overcoming the current socio-economic crisis in the country thereby assuring public safety and uninterrupted supply of essential services. This left the country short of foreign currency needed to pay off its 51 billion debt forcing the government to ban the imports of many goods.
Hit hard by the pandemic rising oil prices and tax cuts Sri Lanka has as little as 50m 40m of useable foreign reserves finance minister Ali Sabry said last. THIS IS A BREAKING NEWS UPDATE. 5 hours agoCNN Sri Lankas outgoing Prime Minister Mahinda Rajapaksa was rescued in a pre-dawn military operation Tuesday hours after his resignation as violent clashes between pro and anti-government.
News 1st MTV Channel Pvt Ltd MBC Networks Pvt Ltd 453 Braybrooke Street. Its total foreign debt is 51 billion. 8 hours agoSri Lankan Airlines on Monday urged passengers to produce their air ticket and passport at checkpoints to reach Bandaranaike International Airport BIA after authorities imposed nationwide curfew and deployed the Army in Colombo following clashes between pro- and anti-government protesters amidst the political turmoil in the island nation.
1 day agoSri Lankas crisis began after the coronavirus pandemic hammered vital income from tourism and remittances. Are you interested in advertising on our website or video channel. The violence capped a day of unrest that saw PM Mahinda Rajapaksa quit amid mass protests at his governments handling of the economic crisis.
But it failed to assuage demonstrators who attempted. Demanding intl intervention News Sabry tells Parliament some home truths Features. Sri Lankans may be brimming with hope to welcome 2022 looking past all the hardships brought about by the pandemic and mishandling of its economy but one may have to practice some self-restraint.
Ahead of a visit by Sri Lanka Finance Minister Basil Rajapaksa to India this week the two countries are close to finalising three defence-related agreements and arrangements that are expected to boost cooperation for maritime security. ___ Government supporters on Monday attacked protesters who have been camped outside the offices of Sri Lankas president and. News Lankan PHD student from NZ allegedly killed by ex-husband News No country offers loans to Sri Lanka SJB News Organisers out to break all previous records with May 6 hartal to send govt.
Sri Lankas worst financial crisis has left it struggling to pay for essentials including food fuel and medicines. 8 hours agoTue 10 May 2022 0007 EDT Sri Lanka has deployed thousands of troops and police to enforce a curfew after five people were killed in the worst violence in weeks of protests over an unprecedented. 18 hours agoA vehicle belonging to the security personnel and a bus set alight is pictured near Sri Lankas outgoing Prime Minister Mahinda Rajapaksas official residence in Colombo May 9.
Please contact us at contactnewsfirstlk. Home News Save Sri Lanka launches online petition against govt. APs earlier story follows below.
27 Apr 2022 Crisis. 14 hours agoViolence raged across Sri Lanka late into the night on Monday with five people dead and some 180 injured as prime minister Mahinda Rajapaksa quit after weeks of protests. 1 day agoSri Lanka was due to pay 7 billion of its foreign debt this year out of nearly 25 billion it must pay by 2026.
An official at Colombos main public hospital. 22 hours agoSri Lanka is witnessing an unprecedented economic turmoil with its government running out of money for essential imports like staple foods and fuel. 18 hours agoIt is on the brink of bankruptcy and has suspended payments on its foreign loans.
1 day ago Newsfirstlk Sri Lanka NewsfirstSL May 9 2022 The attack on protesters came a day after Mahinda Rajapaksa was heckled during his first public outing since nationwide protests erupted. Daily News Breaking News Latest News Sports News and Live Updates Local Sri Lanka Australia mark 75th anniversary of relations TNA May Day rally held Keerthi Pasqual gifts violins to deserving students in remote areas Navy bids farewell to Rear Admiral Anura Caldera Business Economic woes to ease in 3 months-Dr Weerasinghe. Those killed in the worst.
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