Tag Archives: #srilanka

Kathmandu, May 11 The Indian High Commission has denied reports in the media that the country has sent troops to Sri Lanka. Officials from India have stated that their country completely supports Sri Lanka’s democratic, stable, and economic recovery. Due to severe food and energy shortages, as well as the economic crisis, Sri Lanka has been forced to seek assistance …

Kathmandu, May 11 The Sri Lankan government has imposed a nationwide curfew as the country’s continuing protests increase. As anti-government protests grow, officials in Sri Lanka say a national curfew has been enforced from Monday night until Tuesday. An angry crowd set fire to the residences of Mahinda Rajapaksa and many MPs who support him, prompting a curfew in Sri …

Kathmandu, May 10 Sri Lanka’s economic crisis, which began a few days ago, has deepened. The minister and the prime minister have also resigned due to the economic crisis. On Monday, Prime Minister Mahinda Rajapaksa announced his resignation. President Gotabaya Rajapaksa has accepted his resignation. According to the Sri Lankan president’s office, his resignation was accepted at midnight on Monday. …

Kathmandu, May 10 During a violent conflict between pro-government and anti-government protestors in Sri Lanka, a legislator committed suicide. According to the BBC, ruling party MP Amarkirti Athukoral opened fire on anti-government protestors on Monday before shooting himself. The event occurred in the outskirts of Colombo, Sri Lanka’s capital. According to the news agency, two persons attempting to stop Amarkirti’s …

Kathmandu, May 8 Mahinda Rajapaksa, the Prime Minister of Sri Lanka, is apparently planning to resign. According to those close to him, he was on the edge of resigning from his position as the country’s economic and political problems deepened. After the protests started, he came under great pressure to resign, arguing that the Rajapaksa-led administration was the root of …

Kathmandu, May 5 According to Energy Minister Kanchana Wijesekera, there is a diesel scarcity in Sri Lanka as a result of the country’s rising foreign exchange problem. The Minister also told the House of Parliament that the country needs 4,000 metric tons of diesel each day. The state-owned Ceylon Petroleum Corporation, on the other hand, is now only exporting 1,000 to …

Kathmandu, May 5 Due to the bad economic circumstances, Sri Lanka’s finance minister Ali Savari raised alarm on Wednesday that the country’s foreign exchange reserves are currently less than 50 million US dollars. According to the Colombo Post, Savari told the Sri Lankan parliament that if the economic crisis did not end, it may constitute a significant threat to the …

Kathmandu, May 1 Sri Lanka, which is suffering from a severe economic crisis, has raised the price of routinely used medications dramatically. This is the second time in six weeks that the price has risen. Antibiotics, some painkillers, and heart medicines have all seen a 40% increase in price. In Sri Lanka, there is a severe scarcity of medications. It …

Kathmandu, April 27 To ease the debt issue, the International Monetary Fund (IMF) advised Sri Lanka to tighten its monetary policy, boost taxes, and adopt a flexible exchange rate on Tuesday. ”We had a really nice, constructive, technical conversation last weekend as we prepared for the discussions,” Anna-Marie Gould-Wolf, executive director of the IMF’s Asia and the Pacific division, said …

By Karuna Thapa Kathmandu, April 18 Colombo is in a state of emergency. President Gotabhaya Rajapaksa of Sri Lanka has appointed a 17-member cabinet. Despite opposition demands for Rajapaksa’s resignation, he has named a 17-member government. Rajapaksa first fired his cabinet and asked for a new administration to be formed by the opposition. His idea, however, was rejected by the …