Lieutenant Colonel Nandasena Gotabaya Rajapaksa, RWP, RSP, psc, GR is a retired officer of the Sri Lanka Army, a former Secretary to Ministry of Defence and Urban Development of Sri Lanka. Read More
China refused to assist Sri Lanka which appealed to reschedule its huge Chinese debt burden in the face of the Covid-19 outbreak that has adversely affected the tourism sector, said a media report. ...
Sri Lanka is battling one of its worst economic crises in over seven decades, as successive governments in the island nation have ignored sovereign bonds to Sri Lanka, with China being a major lender. ...
Amid the ongoing economic crisis, Sri Lanka is seeking the help of the International Monetary Fund (IMF) to restructure its unsustainable debt with Finance Minister Basil Rajapaksa's visiting Washington next month. ...
Sri Lanka is facing the double whammy of high debt and rising prices, sparking protests from citizens due to widespread shortages of food and fuel. ...
An all-party conference in Sri Lanka will be held later this month to discuss the current economic situation in the country, media reports said on Sunday. ...