Search results
Results from the WOW.Com Content Network
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
2022 Sri Lankan protests: Another curfew is imposed at 7.00 p.m. until 7.00 a.m next morning, but would later be extended by three days. [90] [91] 10 May 2022 Sri Lankan protests: Amidst the violent clashes, the vehicle in which MP Kumara Welgama was travelling in is attacked by a group of individuals in the area of Makumbura. Welgama was given ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
In March last year, Sri Lanka secured a $2.9 billion bailout from the International Monetary Fund (IMF), helping to temper inflation, increase state revenue and rebuild foreign exchange reserves.
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
COLOMBO (Reuters) -Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward ...
Wickremesinghe, who is also finance minister, has been leading Sri Lanka's push to manage its heavy debt and keep funds flowing from a $2.9 billion International Monetary Fund (IMF) programme.
First Executive President of Sri Lanka, J. R. Jayawardana After Dudley Senanayake's death in 1973, Jayewardene became the leader of the UNP and reorganized the party at the grassroots level. The United Front faced general disaffection from its economic policies and its brutal crackdown against a 1971 Marxist–Leninist insurrection by the ...