Prime Minister Wickremesinghe said that he has urged IMF chief Georgieva to "expedite" its assistance to Lanka and underlined that no country except India is providing money to the nation for fuel.
Despite the president's order, the demonstrations against inflation, power blackouts and shortages of essentials turned deadly
The stockpile rose to $1.92 billion at the end of May, from $1.81 billion the previous month, according to data released by the central bank
Wickremesinghe has said that within five to six months, the current agriculture shortages could be salvaged if swift action was taken to address the shortages faced by the farmers.
Sri Lanka PM Minister Ranil Wickremesinghe told Parliament on Tuesday that the UN has planned to provide humanitarian assistance of around $48 million over a four-month period
The next three weeks are going to be "tough" for Sri Lanka over fuel supplies, PM warned, indicating that the country, which needs $3,300 million for fuel imports, may opt for its rationing
Sri Lanka's Cabinet has deferred by a week the approval of the proposed 21st Amendment to the Constitution amidst stiff resistance from some members of the ruling party
"I can't go as a failed president," Rajapaksa said Monday in a wide-ranging interview at his official residence in Colombo, his first with a foreign media organization
Sri Lankans are struggling to access the bare necessities like food, fuel, medicine, cooking gas and even toilet paper and matches.
Sri Lanka's Cabinet is set to discuss today the 21st Amendment to the Constitution to empower Parliament over the executive president
The road to Hambantota may be paved with Chinese money, but its value is up for debate - now more than ever
Indian High Commissioner to Colombo, Gopal Baglay on Friday handed a total of 3.3 tons of essential medical supplies to the 1990 Suwaseriya Ambulance Service
Amid Sri Lanka's unprecedented economic crisis, President Gotabaya Rajapaksa has ordered the release of Rs 1.8 billion from Covid-19 healthcare fund for the import of essential medicines
The stockpile decreased by $366 million in the week ended May 27 to stand at $9.72 billion
Wickremesinghe said the government was targeting $ 5 billion this year for repayments, plus a further $ 1 billion to bolster the country's reserves.
(Reuters) - Gold prices inched up from a two-week low on Wednesday, supported by worries over rising inflation, although a stronger dollar and rising U.S. yields kept gains in check.
India said it has delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka to help ease the acute fuel shortage in the debt-ridden island nation
Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit line of $500 million for fuel imports
The World Bank will disburse nearly $700 million to Sri Lanka within the next few months, Sri Lanka's Foreign Minister said
There's increased refueling at southern Indian airports by international flights to and from Colombo to offset the shortage, according to an official at Indian Oil Corp