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]
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 has been grappling with an unprecedented economic crisis since 2022, after suspending repayment of foreign loans because of a severe foreign currency crisis triggered by the COVID-19 ...
This was Sri Lanka's first election since the economy buckled in 2022 under a severe foreign exchange shortage, leaving the country unable to pay for imports of essentials including fuel, medicine ...
The 2019 floods and landslides in Sri Lanka were the floods which were caused from heavy torrential rainfalls during September 2019. [1] As of 26 September 2019; the monsoon floods affected in about 13 districts, killing at least 2 persons, injuring 6 people and about 116, 000 people are affected. [ 2 ]
The Sahana Free and Open Source Disaster Management System is emergency management and disaster preparedness software developed by the Sahana Software Foundation. Conceived during the 2004 Sri Lanka tsunami to help manage the disaster, Sahana software was deployed by the Sri Lankan government's Center of National Operations (CNO), which ...
The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, the biggest funding tranche for the crisis-hit island nation since an International Monetary Fund ...
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 ...