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Top News In Sri Lanka Crisis Today - Breaking & Trending Today

"A Friend In Need Is A Friend Indeed": Sri Lanka's Praise For India

The Sri Lankan Foreign Minister also stated that the Indian government took some very bold, decisive actions by providing the island nation with about 3.9 billion worth of bilateral credit and accreditation. ....

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Crisis-Hit Sri Lanka Says China To Restructure Loans For Securing IMF Bailout

China's Exim bank "sent a letter to the IMF" expressing its willingness to "restructure" credit to Sri Lanka, President Ranil Wickremesinghe told parliament. ....

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IMF backs Sri Lanka's tax reforms; says it's essential to regain confidence of creditors

President Wickremesinghe last month emphasised that seeking the IMF bailout package was the only option available to the debt-ridden country to overcome the ongoing economic crisis in Sri Lanka. ....

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A Potential Debt Trap in Nepal

If the government of Nepal is not too careful with debt trap diplomacy, it might face a similar fate to Sri Lanka and Pakistan. ....

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Crisis-Hit Sri Lanka Likely To Delay March 9 Election

Bankrupt Sri Lanka is set to postpone local elections due next month, according to a top official, prompting opposition protests today that forced parliament to be adjourned. ....

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