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IMF BAILOUT MALDIVES
Maldives moves to merge key elections to cut costsMaldives will vote in a nationwide referendum on April 4. Citizens will decide if presidential and parliamentary elections can be held toge...
Maldives to hold referendum on merging key elections to cut costsMaldives will hold a nationwide referendum on April 4. The vote will decide if presidential and parliamentary elections can be held togethe...
Sri Lanka's economic recovery incomplete, urgent reforms needed, says World Bank"While Sri Lanka's recent economic progress is encouraging, the recovery is uneven and incomplete," said David Sislen, World Bank Division ...
Maldives' Muizzu rushes to mend ties with India as China debt squeeze loomsMaldives President Mohamed Muizzu, who pushed for an 'India Out' campaign, now seeks financial aid from India. He is visiting New Delhi to ...
Maldives comes back to India, after rubbing shoulders with the DragonMaldives President Mohamed Muizzu, a pro-China leader is on his first bilateral visit to India since taking office, seeking to repair relat...
Maldives, India resolved 'misunderstandings' after rough patches in ties: Foreign Minister ZameerMaldives Foreign Minister Moosa Zameer has stated that initial misunderstandings with India have been resolved following the repatriation o...
Maldives President Muizzu thanks India, China for support to strengthen his country's fragile economyPresident Mohamed Muizzu of the Maldives has expressed gratitude to India and China for their crucial support in addressing the nation's ec...
Sri Lankan leader seeks to disarm India's China fearsThe first visit by Sri Lankan president Ranil Wickremesinghe to India since his election a year ago highlights New Delhi's concerns over Ch...
Sri Lanka marks first anniversary of July 9 people's uprisingSri Lanka on Sunday marked the first anniversary of the historical people's uprising against the previous government's mismanagement of the...
Sri Lanka thanks India for its generous support, assurances given to the IMF to restructure its debtSri Lanka, which is trying to secure a USD 2.9 billion bridge loan from the International Monetary Fund (IMF), was negotiating to get finan...
Jaishankar conveys India's commitment to increase investment flows to Sri Lanka to hasten economic recovery"Look forward to my discussions with the leadership tomorrow morning," Jaishankar tweeted after he held talks with his Sri Lankan counterpa...
Have sent formal creditor's assurance to IMF for bailout package to Lanka: MEASri Lanka, which is trying to secure a much-needed USD 2.9 billion bridge loan from the International Monetary Fund (IMF), had been trying ...
Thailand allows Gotabaya Rajapaksa temporary stay on condition he doesn't cause problems for countrySince the beginning of 2022, Sri Lanka has experienced an escalating economic crisis and the government has defaulted on its foreign loans....
Sri Lanka's acting President Ranil Wickremesinghe says he was not part of Rajapaksa administration"I'm not the same, people know that...I came here to handle the economy," Wickremesinghe told CNN in an interview on Monday, as he sought t...
Sri Lanka introduces fuel rationing scheme amid economic crisisThis statement comes as Rajapaksa offered his resignation after fleeing the country and arriving in Singapore, having first flown to the Ma...
Protesters raid Sri Lanka PM's office after president flees abroadIn a televised statement Prime Minister Ranil Wickremesinghe said he had instructed the military and police to do "what is necessary to res...
Sri Lanka: The timeline of a crisisThe island nation of 22 million people has suffered months of lengthy blackouts, acute food and fuel shortages and galloping inflation in i...
Sri Lanka president hits airport standoff in escape attemptGotabaya Rajapaksa has promised to resign on Wednesday and clear the way for a "peaceful transition of power" following widespread protests...
Sri Lanka crisis gives India chance to gain sway vs ChinaSri Lanka, a country of 22 million, sits off the southern coast of India on the Indian Ocean shipping lanes through which China receives th...