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ALI SABRY RESIGN
Marxist politician Anura Kumara Dissanayaka set to become Sri Lanka's next presidentSri Lanka's main Marxist politician, Anura Kumara Dissanayaka, leads the presidential election, likely becoming the first leftist head of s...- With one eye on China, Japan backs Sri Lanka as a partner in the Indo-PacificWhile Japan is Sri Lanka's largest creditor, about 10 per cent of its debt is held by China, which lent Colombo billions to build sea ports...
- Sri Lanka's economy shrinks 11.8% in second-worst quarterly performanceEconomic mismanagement and the impact of the COVID-19 pandemic have left Sri Lanka short of dollars for essential imports including food, f...
- Sri Lanka misses ADB payment, PM tells ParliamentThe ADB as well as the World Bank had just promised around 160 million each to Sri Lanka, Wickremesinghe said, but the loan from the Manila...
- Sri Lanka PM Ranil Wickremesinghe to address crisis-hit nation as fuel stocks run shortRanil Wickremesinghe, appointed prime minister on Thursday, said he would give a "full explanation" of the financial crisis that has devast...
- India to step up assistance as Sri Lanka stares at bankruptcyThe fresh assistance could focus on humanitarian requirements and both governments are in close touch, ET has learnt. The Lankan government...
- Sri Lanka lost around 1 million taxpayers since 2019 tax cuts, says finance minister Ali Sabry"From around 1,550,000 taxpayers at the beginning of 2020, the number came down to 1,036,000 in 2020 and to 412,000 in 2021. This is a mass...
- Sri Lanka's Parliament to meet for crucial session after Opposition submits no-trust motions against President, GovernmentSamagi Jana Balawegaya (SJB) handed over to the parliamentary Speaker Mahinda Yapa Abeywardena motions of no-confidence, even as the govern...
- Sri Lanka exchange halts again after 13% plungeThe island nation is grappling with its worst economic downturn since independence in 1948, with months of regular blackouts and acute shor...
- Loyalists turn on Sri Lanka PM as protest pressure growsMedia minister Nalaka Godahewa announced his support for the thousands outside President Gotabaya Rajapaksa's office who are demanding he a...
- Sri Lanka to receive World Bank help to face economic crisisFinance Minister Ali Sabri, who is in Washington to negotiate a rescue package with the International Monetary Fund, said in a video confer...
- Sri Lankan President Gotabaya Rajapaksa trims Cabinet of relativesPresident Gotabaya Rajapaksa has presided over the island nation's most painful downturn in memory and his government is preparing for immi...
- Sri Lankan delegation heads to US to seek $4 bn bailout package from IMFThe delegation led by newly-appointed finance minister Ali Sabry will hold talks with the International Monetary Fund (IMF) between April 1...
- India says it is keenly following Lanka developments & focus on people ties as protests intensifyIndia on Thursday stated that it has been keenly following the evolving economic situation and other developments in Sri Lanka. In order to...
- Sri Lanka calls for restructure of $1 bln debt and stabilityThe opposition and some partners of the ruling coalition rejected calls this week for a unity government from President Gotabaya Rajapaksa ...
- Rajapaksa 'loses majority'; FM quits within 24 hours of appointmentRajapaksa had appointed Sabry after sacking his brother Basil Rajapaksa, who was at the centre of anger within the ruling Sri Lanka Podujan...
- Sri Lanka government in disarray as economic crisis deepens, health crisis brewsRajapaksa dissolved his cabinet on Monday and sought to form a unity government as public unrest surged over the ruling family's handling o...
- Sri Lanka turmoil: Jacqueline Fernandez extends support to island nation; Zerodha co-founder feels US may face similar crisisSri Lanka is said to be in the worst economic crisis since its independence in 1948.
- Sri Lanka's new finance minister quits after one daySri Lankan Finance Minister Ali Sabry resigned Tuesday just a day after he was appointed to the post by President Gotabaya Rajapaksa, as th...
- Sri Lanka Oppn rejects unity govt offer, seeks Prez resignationPresident Gotabaya Rajapaksa's overture came as armed troops looked to quell more demonstrations over what the government acknowledges is t...
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