Search results
Results from the WOW.Com Content Network
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]
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 .
President Dissanayake dissolves the current Parliament of Sri Lanka and calls for snap parliamentary elections in November 2024. [121] [122] [123] 26 September – Sri Lanka batsman Kamindu Mendis becomes the first-ever player to score fifty-plus scores in eight consecutive Test matches in history. [124]
The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. Sri Lanka's ...
President of France Emmanuel Macron visits Sri Lanka during a series of visits to the South Pacific Region. It is the first instance in history where a French president has visited the country. [81] The Ministry of Sports and Youth Affairs suspends the registration of the Sri Lanka Karate-Do Federation with a Special Gazette notification. [82]
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.
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. [6] Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [ 7 ] Sovereign bond ...
Opener Pathum Nissanka led Sri Lanka to 242-3 in reply to South Africa's bonus 358 on day two Friday of the second test at St George's Park. Unbeaten in the middle were Angelo Mathews, on 40 after ...