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"But this time, because of this special situation that money can be used to finance the fiscal deficit as well."
That means authorities we should not talk about debt restructuring parameters
Sri Lanka's ruling party has asked the country's new president to provide security and other assistance for his predecessor who fled to Southeast Asia last month after protests flared amid a crippling economic crisis, an official said on Thursday.The post Sri Lanka’s ruling party
Sri Lanka will ask Japan to invite the Indian Ocean island's main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decades, its president said on Thursday.The post Sri Lanka to ask Japan to open talks
Rajapaksa resigned from the presidency after mass protests against the worst economic crisis since Independence.
COLOMBO (News 1st); The daily revenue generated by highways has dropped by about 70%, says the Director General of the Road Development Authority S. Weerakoon. He stated that this situation has been aggravated due to the ongoing fuel crisis. On an average day, the daily revenue of highways
Photo courtesy of Newsfirst This submission is made on the assumption that the attempt to make a new constitution is an act done in good faith, motivated solely by the attempt to...
Photo courtesy of Newsfirst This submission is made on the assumption that the attempt to make a new constitution is an act done in good faith, motivated solely by the attempt to...
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