Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
Debt-stricken Sri Lanka marked its 77th independence anniversary on Tuesday with a military parade, while the country’s newly ...
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Is China trying to further ensnare Sri Lanka in its debt trap?
China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President Anura Kumara Dissanayake undertook a four-day visit to China in mid-January ...
Sri Lanka clears final debt restructuring deal with Japan after June’s preliminary pact
Sri Lanka's economy crumpled under a severe foreign exchange crisis in 2022 but it has made a faster-than-expected recovery, ...
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Debt-stricken Sri Lanka marks independence day
in debt service relief. Sri Lanka’s crisis was largely the result of economic mismanagement combined with the fallout from the Covid-19 pandemic, along with 2019 terrorist attacks that ...
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Debt-stricken Sri Lanka marks independence day as new president pledges to rebuild the country
Sri Lanka is seeking to obtain $17 billion in debt service relief. Sri Lanka’s crisis was largely the result of economic mismanagement combined with fallout from the COVID-19 pandemic ...