South Asia | Sri Lanka Crisis

File photo of Sri Lankan protests over price rise and lack of essential commodities in 2022
Sri Lanka Crisis

Sri Lanka forex down to $500 million, postpones local polls

With China still to come on board the IMF and Paris Club debt restricting analysis of Sri Lanka, the economic crisis is worsening in the Island Nation with US and Japan only hope for providing loan...

Security personnel stand guard inside the President's house premises after protestors vacated it following the news of President Gotabaya Rajapaksa leaving the country, amid the country's economic crisis, in Colombo, Sri Lanka July 14, 2022. REUTERS/Adnan Abidi
Sri Lanka Crisis

Sri Lanka suspends local government polls for want of money

Amila Uduwerell, an IT officer who is home-based uses a car battery to charge his laptops as he works during the seven hours power outage, in Colombo, Sri Lanka, March 2, 2022. REUTERS
South Asia

Sri Lanka hikes power prices by 66% hoping to gain IMF support

Demonstrators wait in line after entering the Presidential Secretariat premises, after President Gotabaya Rajapaksa fled, amid the country's economic crisis, in Colombo, Sri Lanka July 10, 2022. File Photo: REUTERS/Dinuka Liyanawatte
Global Economy

Sri Lanka marks independence anniversary amid economic woes

Sri Lanka's President Ranil Wickremesinghe looks on during an interview with Reuters at Presidential Secretariat, amid the country's economic crisis, in Colombo, Sri Lanka August 18, 2022. REUTERS/ Dinuka Liyanawatte/File Photo
Sri Lanka Crisis

Sri Lanka leader suspends parliament until policy address

FILE PHOTO: A vendor waits for customers at a shoe shop in the main market as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country's economic crisis, in Colombo, Sri Lanka, November 14, 2022. REUTERS/ Dinuka Liyanawatte
Sri Lanka Crisis

Sri Lanka economy could shrink by -3.5% to -4%, president says

A general view of Sri Lanka's main business city as Sri Lankan President Ranil Wickremesinghe announced 2023 budget amid the country's economic crisis, in Colombo, Sri Lanka, November 14, 2022. REUTERS/ Dinuka Liyanawatte
Global Economy

China's EXIM bank gives Sri Lanka debt extension

Drivers push auto rickshaws in a line to buy petrol from a fuel station, amid Sri Lanka's economic crisis, in Colombo, Sri Lanka, July 29, 2022. REUTERS/Kim Kyung-Hoon/
Global Economy

Sri Lanka says debt-restructuring talks making progress

Nandalal Weerasinghe, newly appointed Governor of the Central Bank of Sri Lanka, speaks during a news conference, amid the country's economic crisis in Colombo, Sri Lanka, April 8, 2022. REUTERS/Dinuka Liyanawatte
Global Economy

Sri Lanka hoping to complete debt restructuring in six months

Since there is no alternative to conventional classroom learning in Sri Lanka, missing school has a massive impact on all children Photo: DW
Panorama

How hunger is keeping Sri Lankan children away from school

FILE PHOTO: Indian External Affairs Minister Dr. S. Jaishankar attends a high level meeting of the United Nations Security Council on the situation amid Russia's invasion of Ukraine, at the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 22, 2022. REUTERS/Amr Alfiky
South Asia

Sri Lanka expects financing assurances from China for IMF deal within days

A medical worker talks to a vendor selling household goods and food for patients and their family members, outside Apeksha Hospital, Colombo, Sri Lanka, August 11, 2022. Hundreds of cancer patients have had their treatment upended by Sri Lanka's worst economic crisis since independence from Britain in 1948. Hospitals countrywide have struggled to contend with severe drug shortages, which have worsened over the last eight months, a representative of Sri Lanka's largest doctors union told Reuters. "All hospitals are experiencing shortages. There is difficulty in even sourcing basics like paracetamol, vitamin C and saline for outpatient services," said Vasan Ratnasingam, a spokesperson for the Government Medical Officers' Association. REUTERS/Kim Kyung-Hoon
Global Economy

Sri Lanka to cut recurrent budget expenditure by 6% in 2023

Sri Lanka's President Gotabaya Rajapaksa gestures during the country's 74th Independence Day celebrations in Colombo, Sri Lanka February 4, 2022. REUTERS/Dinuka Liyanawatte
Sri Lanka Crisis

Sri Lanka's former president Rajapaksa leaves for US