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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. The anti-government sentiment across various parts of Sri ...
Sri Lanka president gets resounding mandate to drive forward recovery. Uditha Jayasinghe. November 15, 2024 at 4:41 AM. By Uditha Jayasinghe. COLOMBO (Reuters) - Sri Lankan President Anura Kumara ...
The 2024 Sri Lankan presidential election was the ninth presidential election in the country’s history and was held on 21 September 2024. [3][4] Incumbent President Ranil Wickremesinghe ran for re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015. [5][6][7 ...
COLOMBO (Reuters) -Sri Lankans voted on Saturday in an election to pick a president who will face the task of bolstering the country's fragile economic recovery following its worst financial ...
COLOMBO (Reuters) -Sri Lanka's leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led by powerful political families which is ...
e. The 2022 Sri Lankan protests, commonly known as Aragalaya (Sinhala: අරගලය, lit. 'The Struggle'), were a series of mass protests that began in March 2022 against the government of Sri Lanka. The government was heavily criticized for mismanaging the Sri Lankan economy, which led to a subsequent economic crisis involving severe ...
Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion ...