Developing Countries Face $29 Trillion Debt Crisis for 2025
Emerging market debt has become two-fold in the last 10 years, reaching 29 trillion. Developing countries, ...
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Tag: Sri Lanka
Sri Lanka’s unexpected rate cuts for the first time in 3 years: The worst is over
Economic negligence coupled with the effects of Covid -19 pandemic rang the death bell for Sri ...
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China Stands To Gain From The Monkey Menace In Sri Lanka
Sri Lanka wants to send nearly 100,000 monkeys to Beijing, its largest bilateral lender. These monkeys ...
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Sri Lanka: IMF approves $3 billion bailout for a crisis-stricken economy
IMF’s bailout would pave the way for Sri Lanka to restructure its economy, provide relief from ...
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From 70%, Sri Lanka Central Bank sees the inflation rate cool down by 4%-5% by the end of 2023
The Sri Lanka Central Bank governor stated that the nation may steadily relax the currency band ...
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Sri Lanka cuts down fuel prices, petrol rates go down by 40 rupees amidst deep economic instabilities
World bank in its latest country update published states that the Sri Lankan economy will continue ...
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Borrowings from China for white elephant projects tumbled Sri Lanka and Pakistan into crisis in 2022
China possessed Hambantota Port in Sri Lanka lies 18kms from the Mattala Rajapaksa International Airport. Unfortunately, ...
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Nurdles: Sri Lanka’s worst maritime calamity came from the spilling of 87 containers full of nurdles
These nurdles are predicted to moor across the Indian Ocean coasts from Malaysia and Indonesia to ...
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Sri Lanka🇱🇰: President Gotabaya Rajapaksa Declared a Financial Emergency on August 30th
The island-state of Sri Lanka saw a financial emergency declared on August 30th by the President, ...
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