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in its worst financial crisis in […]
[…]The post Why Should The United States Care About Sri Lanka’s Predicament? appeared first on Colombo Telegraph.
"China and the United States could work together to help Sri Lanka (to) overcome current difficulties (sp)."
China on Wednesday praised India for making “great efforts” to help Colombo to tide over its worst financial crisis even as it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia including Pakistan to South East
China is willing to play an active role in helping Sri Lanka deal with its debt burden along with other countries and international organizations, Foreign Ministry spokesperson Zhao Lijian said at a regular press conference on Wednesday. Sri Lankan President Gotabaya Rajapaksa recently said in an interview that, “China appears to be shifting its strategic focus […]
[…]The post Aragalaya: People’s Response To Rajapaksa-Made Crisis appeared first on Colombo Telegraph.
[…]The post Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess appeared first on Colombo Telegraph.
[…]The post Never-Ending Political Games; Country Is At Peril appeared first on Colombo Telegraph.
Experts say, “The lack of cooperation by Beijing would complicate the debt recovery journey of Sri Lanka”. The magnitude of the economic crisis that Sri Lanka is facing has reached catastrophic proportions. The whole world is astounded by the rampant mismanagement beyond the comprehension of anybody. Once an economic model of Asia, is now reeling […]
Cabraal has been prevented leaving the country from April 7
By Nick Beake Billions of dollars of Chinese money are boosting some European economies – but some of the deals being struck have a catch. Critics say they are “debt traps”, where China gets to choose what happens if loans aren’t repaid. China insists it is a reliable investment partner – but it is also […]
[…]The post Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age appeared first on Colombo Telegraph.
Prime Minister Wickremesinghe says the Government is facing an immediate challenge of securing funds to pay for the fuel requirement for this coming week. He said that due to the dollar shortages in the banks, the Government is now exploring other options of securing the necessary funding. Meanwhile, Prime Minister Ranil Wickremesinghe held discussions with […]
It will then be presented to the cabinet of ministers for approval, the PM’s office said in a statement.
Lack of parliament majority could drag the new prime minister's economic recovery plans
[…] The post Delayed IMF Assistance & The Fertilizer Ban: President Rajapaksa’s “Two Mistakes” That Pauperized Sri Lanka appeared first on Colombo Telegraph.
The Chinese Ambassador to Sri Lanka, Qi Zhenhong today (May 02) reiterated China s fullest support for Sri Lanka in securing the assistance of the International Monetary Fund (IMF) to overcome the ongoing financial crisis.
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
[…] The post Beyond Ousting The Shamed ‘Suhartos’ Of Sri Lanka! appeared first on Colombo Telegraph.
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
[…] The post Covid-19: The Epidemic & The Economy appeared first on Colombo Telegraph.
[…] The post For Sri Lankans Who Are In Limbo Due To China & America Conflict appeared first on Colombo Telegraph.
[…] The post Covid-19: The Epidemic & The Economy appeared first on Colombo Telegraph.
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
[…] The post Covid-19: The Epidemic & The Economy appeared first on Colombo Telegraph.
[…] The post The Ground Situation In The Sri Lankan North & East; The Possibility Of A Resurgence Of Tamil Militancy appeared first on Colombo Telegraph.
[…] The post Covid-19: The Epidemic & The Economy appeared first on Colombo Telegraph.