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P. NANDALAL WEERASINGHE
PhonePe UPI payments launched in Sri LankaThe transactions will be facilitated by the UPI and LankaPay National Payment Network. Users can scan LankaQR code to make secure and quick...- IMF board poised to approve $2.9 bln Sri Lanka bailout on March 20The IMF said its board will meet on March 20 to review a preliminary staff-level agreement first signed in September, offering a lifeline t...
- India, Sri Lanka mulling over using Indian Rupee for economic transactionsIndia and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative tha...
- Sri Lanka central bank governor signals he will stay in job, warns turmoil impedes IMF talksPresident Gotabaya Rajapaksa plans to resign on Wednesday while Prime Minister Ranil Wickremesinghe has also offered to quit, without speci...
- Sri Lanka is running out of time to secure an IMF bailoutIt has a long history of rising foreign obligations, driven partly by incessant government deficits, and this has been worsened by a loss o...
- Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortagesLines formed in many parts of Colombo, a city of around 900,000 people, as residents tried to stock up on fuel, which is mostly imported an...
- 'We are going to die': Food shortages add to Sri Lanka's woes"While there may not be time to obtain fertiliser for this Yala (May-August) season, steps are being taken to ensure adequate stocks for th...
- Fitch downgrades Sri Lanka to “restrictive default”The downgrade comes at a time when the Central Bank governor P Nandalal Weerasinghe conceded on Thursday that Sri Lanka won't be able to pa...
- Sri Lanka enters default, warns inflation may surge to 40%Sri Lanka has been mired in turmoil amid surging inflation -- which Weerasinghe sees accelerating to 40% in coming months -- a plummeting c...
- Sri Lanka central bank chief threatens to quit amid turmoil, former PM whisked to navy baseP. Nandalal Weerasinghe, appointed central bank chief last month to help the island nation of 22 million people find a way out of its worst...
- 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 ...
- 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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