Page 3 - Mahinda Rajapaksa

Sri Lanka trade unions, on strike, demand ouster of president and PM

The crisis is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foods and fuel, leading to acute shortages and very high prices

Sri Lanka's Rajapaksa to discuss formation of all-party govt on April 29

A letter to all party leaders in the ruling coalition said the government was in agreement to form an all-party government comprising parties represented in Parliament

Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis

Speaking about the island-wide protests demanding the Prime Minister and the government's resignation, Rajapaksa said the issues should be resolved through negotiations

Sri Lanka cabinet clears proposal to clip President Rajapaksa's power

Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.

No-trust vote likely in Lanka after Oppn gets hold of required support

Stocks plunge nearly 10%

Lankan stocks fall as trading resumes after 2 weeks amid deepening crisis

Sri Lanka Stock Market Colombo All-Share Index fell as much as 6.7% while blue-chip index slumped 5.2% within seconds of resumption of trading

Thousands of students mob Sri Lanka PM's home over economic trouble

Dozens were demonstrating from the parapet and boundary walls of the official residence - in images similar to that of a seize

Sri Lanka PM dismisses calls for interim govt to tackle economic crisis

Anti-government protesters in Sri Lanka are demanding the resignation of President Gotabaya Rajapaksa, Prime Minister Mahinda as they blame government policies for the forex crisis

China assures help to solve urgent economic crisis: Sri Lankan PM

Rajapaksa on Friday said in a telephone conversation with Chinese Prime Minister Li Keqiang, who assured him that China will support Sri Lanka for economic and social stability

Sri Lankan police warn protesters against sabotaging fuel transport system

Amid the ongoing anti-government protests in Sri Lanka following the economic and political crisis, the police have urged the public not to jeopardise the fuel transportation system while protesting.

Mahinda relents on prez powers to placate public; 1 killed in police firing

Scores of protesters teemed the streets and public places of the town on Monday. The demonstration went late into the night

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

Sri Lankan prez appoints 17 ministers in Cabinet to fight economic crisis

The new Ministers have been appointed with the aim to ensure the smooth functioning of the administration

Port City Colombo: The great Chinese white elephant of Sri Lanka

The project is envisioned as a playground for the rich who would earn in dollars and keep all of it

Sri Lankans protesting at Galle Face reject PM Rajapaksa's offer for talks

PM Rajapaksa on Wednesday had offered to hold talks with the protesters.

Sri Lankan PM Mahinda Rajapaksa says govt ready for talks with protesters

Sri Lankan Prime Minister Mahinda Rajapaksa has said his government is ready to hold discussions with youth who are holding protests at the Galle Face Green

Sri Lankan protesters reject PM Mahinda Rajapaksa's offer for talks

Social media posts from the participants said they were unwilling to have any talks unless the Rajapaksas quit from all positions in the government

BS Number Wise: From bad to worse, tracking Sri Lanka's economy

The country is drowning in debt and the currency can buy little in a worsening crisis

Protests intensifies in Colombo against Sri Lankan govt amidst crisis

Protests in Colombo intensified on Tuesday against the Sri Lankan government amidst the ongoing economic crisis, despite Prime Minister Mahinda Rajapaksa's appeal to the people

Sri Lanka default looms as debt payments halted to save dollars

Sri Lanka's dollar bonds due July 2022 fell 1.8 cents on the dollar on Tuesday to a record low 46.07 cents. The rupee lost 0.5%.