Sri Lanka's heavily loss-making state-run electricity monopoly asked for a shocking price rise of over 800% for its poorest customers with the bankrupt nation out of fuel, regulators said Monday (27)
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Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted amid the Indian Ocean island nation’s economic collapse
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Senior US officials arrived in Sri Lanka on a four-day visit Sunday (26) to find ways to help the island nation in the throes of an unprecedented economic crisis and severe shortages of essential supplies, as the energy minister warned that…
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Cash-strapped Sri Lanka on Sunday (26) announced sending ministers to Russia and Qatar to try and secure cheap oil a day after the government said it had all but run out of fuel
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Cash-strapped Sri Lanka's president Friday (24) appointed the island's biggest casino operator Dhammika Perera as investment minister with responsibility over a Chinese-funded tax-free enclave in the impoverished South Asian nation
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Sri Lanka has a history of diverting aid and the International Monetary Fund (IMF) must acknowledge the reasons for the country’s economic crisis, failing which the organization will risk bailing out corrupt politicians, President of the…
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Sri Lanka accepted a rice and pharmaceuticals shipment from neighbouring India Friday (24) as the island nation battles an unprecedented economic crisis that has left supermarket shelves and pharmacy cabinets empty
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Sri Lanka's Parliament has cancelled its remaining sittings for the week to save fuel, officials said Thursday (23), with a disastrous economic crisis rapidly depleting the island nation's already scarce petrol supplies
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A high-level government delegation from India is set to visit Sri Lanka for a discussion on possible further loan assistance, Prime Minister Ranil Wickremesinghe informed Parliament in Wednesday (22)
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Sri Lankan casino magnate Dhammika Perera entered Parliament on Wednesday (22) with a mandate to revive the bankrupt island nation's wrecked economy - working alongside a premier who once accused him of corruption
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