Tag: Sri Lanka
Browse our exclusive articles!
Music Legend Victor Rathnayake joins public protest (VIDEO)
Music Legend Victor Rathnayake joins public protest (VIDEO)
Sri Lanka Treasury bill rates record 25-year highs
Consequent to the Central Bank hiking policy rates on Friday, the Treasury bill weighted averages were seen skyrocketing once again as the six month...
New Finance Minister blames former chiefs for blocking IMF bailout
Sri Lanka ‘s new Finance Minister Ali Sabri started blaming and shaming previous fiscal and monetary authority heads of his own government for blocking...
S&P lowers Sri Lanka’s sovereign rating to ‘CC’ indicating looming default
Global rating agency Standard and Poor’s (S&P) today lowered Sri Lanka’s long-term foreign currency sovereign rating from “CCC” to “CC” to reflect looming default...
Only the UNP realised the risk of defaulting?
On April 12, the government announced that Sri Lanka would suspend foreign debt and interest payments and that Sri Lanka would no longer be...