Sri Lanka plunged into an economic crisis in 2022, creating severe shortages and drawing strident protests that led to the ouster of then-President Gotabaya Rajapaksa. It declared bankruptcy in ...

Sri Lanka’s new president should be ... Pradeep Dambarage via Getty Images. Sri Lanka’s new president should be ... major reason why Sri Lanka is facing this current crisis.

Sri Lanka, a beautiful island nation known for its lush forests, pristine beaches, and vibrant culture, is facing one of the worst economic collapses in its history. Once seen as a post-war ...

The scarcity has forced Sri Lankans to pay more than double the regular price to purchase salt, with a 1kg packet going for between £1.1 and £1.25. The salt shortage is the latest crisis to hit ...

SINGAPORE (Reuters) -Sri Lanka has the right balance of monetary policy at the moment, and domestic inflation is expected to ...

Address delivered by General Secretary of the Communist Party of Sri Lanka Dr. G. Weerasinghe at the commemoration of the ...

What Started the Crisis? In Sri Lanka’s 2015 presidential election, Sirisena, who had been a part of Rajapaksa’s cabinet, joined with the opposition to deal the sitting president — who had ruled Sri ...

Sri Lanka's current reserves are at $6 billion, enough to cover four months of imports, the latest central bank data showed. In the depths of the crisis, reserves had shrunk to just $1.9 billion ...

Sri Lanka's first leftist president was sworn in to office Monday and vowed to restore public faith in politics, but said he had no magic solution to the hardships suffered following an ...

Sri Lanka's poor and middle class want an equitable economic recovery that will support their aspirations, said Umesh Moramudali, who teaches economics at the University of Colombo. "The poor are ...

Sri Lanka salt crisis leaves consumers hunting ... Sri Lankans shared pictures on social media of empty market shelves while others ... Sri Lanka’s 23 million people require about 180,000 ...