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economic crisis in Sri Lanka

Sri Lanka's tourism industry looks to new president to rebuild fortunes

Prime Minister Ranil Wickremesinghe, elected by parliament to serve out the rest of Rajapaksa's five-year term, has led a tentative recovery underpinned by a $2.9-billion bailout from the International Monetary Fund (IMF) and restructuring of $25 billion in foreign debt.

05 September 2024, 09:00 IST

Sri Lanka's tourism industry looks to new president to rebuild fortunes

Sri Lanka's tourism industry looks to new president to rebuild fortunes

Sri Lanka's tourism industry looks to new president to rebuild fortunes

05 September 2024, 09:00 IST

World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation

“Strengthening the Deposit Insurance Scheme will help protect the savings of smaller depositors, including women and people living in rural areas. It will also sustain the confidence in Sri Lanka’s financial system, a critical part of building the country back better,” said World Bank executive

10 November 2023, 10:20 IST

World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation

World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation

World Bank approves USD 150 million for Sri Lanka’s banking sector stabilisation

10 November 2023, 10:20 IST

Back from an island holiday on a clear conscience

Aarushi Saxena visited Sri Lanka in April before the crisis worsened

19 May 2022, 12:21 IST

Back from an island holiday on a clear conscience

Back from an island holiday on a clear conscience

Back from an island holiday on a clear conscience

19 May 2022, 12:21 IST