Tag: sri lanka economic crisis
Amid Crisis, Sri Lanka Lowers Fuel Prices, 1st Decrease Since February
The new prices will be effective from 10.00 pm on Sunday.Colombo: Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) on Sunday reduced the diese [...]
These Countries At Risk Of A Deep Economic Crisis
Countries at risk of an economic crisis from the rampant dollarA rampant dollar at a two-decade high crushing most currencies' buying power in interna [...]
Is Sri Lanka Seeking Russia’s Help Amid Oil Shortage? Minister Says…
Sri Lanka Economic Crisis: Sri Lanka is facing its worst economic crisis since gaining independence.Colombo: Sri Lanka has reached out to several comp [...]
Sri Lanka foreign reserves dip below $50 million, minister waves red flag | World News
Sri Lanka finance minister Ali Sabry on Wednesday waved a metaphorical red flag in parliament as the troubled island country's foreign exchange reser [...]
Sri Lankan delegation heads to US to seek $4bn bailout package from IMF
COLOMBO: A Sri Lankan government delegation is headed to the US on Sunday to engage with the IMF to secure a $4 billion package as it desperately trie [...]
Nepal bans import of luxury items as foreign exchange reserves decline
High imports of petroleum products, vehicles and luxury items putting foreign exchange reserve under stress: Finance Minister
High imports of petrol [...]
Breaking News LIVE | Indian Economy Comforted By Large Forex Reserves, RBI Resolute To Defend: Governor
Breaking News LIVE: Hello and welcome to the ABP News LIVE Blog. Follow this space to get the latest developments and Breaking News from India [...]
Street Lights Off, Forex Reserves Exhausted; What Led To Chaos?
The economic crisis in Sri Lanka is deepening and the government there is taking strict measures, including imposing emergency, to deal with the prote [...]
Why Sri Lanka Is Battling Worst Economic Crisis Since Its Independence In 1948
The looming economic crisis in Sri Lanka has worsened the routine functioning of the country. Several reports are indicating spiked inflation, long qu [...]
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