Sri Lanka Crisis News

Sri Lanka's economy records positive growth for the first time since crisis

For the third quarter of the year, the country records a 1.6% of year-on-year GDP growth rate

Sri Lanka central bank chief says monetary policy transmission still incomplete

Nandalal Weerasinghe says domestic debt restructuring is the most important focus for the debt-laden country in the near-term

Sri Lanka: Activists protest against authorities' plan to export 100,000 monkeys to China

Conservationists and animal rights activists say Chinese zoos do not have space for the number of toque macaques being exported and the members of the species endemic to Sri Lanka will be used for testing in labs

Sri Lanka budget to seek recovery for crisis-hit economy

The World Bank estimates that the island nation's turbulent economy will contract by 9.2% this year and 4.2% in 2023

303 suspected migrants from Sri Lanka rescued off Vietnamese coast

All the people aboard the Myanmar-flagged Lady 3 fishing vessel, including 20 children, were brought safely to Vung Tau in Vietnam

Sri Lankan president says Debt restructuring talks underway with IMF, India, China

Ranil Wickremesinghe expresses confidence that the country will tide over its worst financial crisis

Sri Lanka cabinet approves downgrade to 'low income country'

The country's economic crisis has led to an acute dollar shortage to pay for imports of food, fuel and medicine, a plunge in the rupee and runaway inflation

Sri Lanka: Ex-PM Mahinda Rajapaksa says he will continue to support Wickremesinghe

Ousted prime minister addressed his first public meeting since May on Saturday

Sri Lanka top court allows proceedings against former president

It has also allowed trials against ex prime minister Mahinda Rajapaksa, finance minister and two central bank governors

Sri Lanka cuts tax on female hygiene products

Customs duties, airport levies and other local taxes on raw materials imported to make sanitary items waived with immediate effect