COLOMBO, Sri Lanka — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be […]
COLOMBO, May 29 – Sri Lankan Prime Minister Ranil Wickremesinghe said on Sunday his government was working to make the president and cabinet accountable to parliament, after weeks of street protests triggered by the country’s worst economic crisis in decades. Hit hard by the pandemic, rising oil prices […]
COLOMBO, May 20 – Sri Lanka’s prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity. A decision in April last year by President Gotabaya […]
COLOMBO, May 20 – Thousands of people queued for cooking gas and petrol in Sri Lanka’s commercial capital on Friday and Prime Minister Ranil Wickremesinghe warned of a food shortage as the island nation battles a devastating economic crisis. Lines formed in many parts of Colombo, a city […]
COLOMBO, Sri Lanka — Five-time former Sri Lankan Prime Minister Ranil Wickremesinghe was reappointed on Thursday in an effort to bring stability to the island nation, engulfed in a political and economic crisis. Wickremesinghe, a contentious choice by President Gotabaya Rajapaksa, took his oath in a ceremony at […]
COLOMBO, Sri Lanka — Sri Lanka’s defense ministry ordered security forces on Tuesday to shoot anyone causing injury to people or property to contain widespread arson and mob violence targeting government supporters. The order came after violent clashes a day earlier left eight people dead and prompted the […]
COLOMBO, Sri Lanka — The South Asian nation of Sri Lanka is experiencing an unprecedented economic collapse that has pushed the government into a deep crisis. The island is struggling to import basic necessities for its 22 million people because of diminishing foreign reserves and crippling debt, spurring […]
Summary Seeks further $500 mln from India for fuel Government priority to ensure supply of essentials To raise taxes and fuel prices within six months COLOMBO, April 9 (Reuters) – Sri Lanka will need about $3 billion in external assistance over the next six months to help restore […]
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