Ranil Wickremesinghe

Ranil Wickremesinghe News

Indian missions in Sri Lanka & Nepal celebrate 74th Republic Day
World

Indian missions in Sri Lanka & Nepal celebrate 74th Republic Day

With Sri Lanka's 75th Independence Day commemorated on February 4 and India's 74th Republic Day celebrated on January 26, the collaborative performance was a fitting tribute to the joint celebrations of the national days of the two countries

On two-day visit, Jaishankar urges Sri Lanka to build powerful ‘pull factor’ to woo investors
World

On two-day visit, Jaishankar urges Sri Lanka to build powerful ‘pull factor’ to woo investors

The external affairs minister assured Sri Lanka's leadership that India will back the country's economic recovery through increasing investments in sectors like tourism, energy and infrastructure

Debt restructuring talks with India and China successful, says Sri Lankan President Wickremesinghe
World

Debt restructuring talks with India and China successful, says Sri Lankan President Wickremesinghe

The announcement comes in the wake of External Affairs Minister S Jaishankar's three-day visit to Maldives and Sri Lanka starting today.

EAM Jaishankar to visit crisis-hit Sri Lanka when IMF wants China, India to reduce debt before doling out $2.9 billion
World

EAM Jaishankar to visit crisis-hit Sri Lanka when IMF wants China, India to reduce debt before doling out $2.9 billion

Indian foreign minister Dr S Jaishankar's visit to Colombo is being keenly watched as it comes at a time when the Central Bank of Sri Lanka has urged India and China to restructure debt

Only option is to seek IMF support, says Sri Lankan President Wickremesinghe on economic collapse
World

Only option is to seek IMF support, says Sri Lankan President Wickremesinghe on economic collapse

Ranil Wickremesinghe stressed that he is attempting to reinvigorate the country's collapsed economy with the help of a debt restructuring program

Sri Lanka begins fresh austerity drive, freezes government recruitment
World

Sri Lanka begins fresh austerity drive, freezes government recruitment

The IMF has asked Colombo to trim its 1.5 million strong public service, sharply raise taxes and sell off loss-making state enterprises

Sri Lanka: How Chinese ‘interference in internal affairs’ provoked Tamil MP’s ire
Opinion

Sri Lanka: How Chinese ‘interference in internal affairs’ provoked Tamil MP’s ire

This is the first time that any political leader in the country has made such a charge against China despite Beijing's continual involvement in white elephant projects

Sri Lanka Prez Wickremesinghe rules out early polls, vows to crush anti-govt street protests
World

Sri Lanka Prez Wickremesinghe rules out early polls, vows to crush anti-govt street protests

Wickremesinghe has a mandate to serve out the rest of Rajapaksa’s term, which ends in November 2024. However, the opposition parties are demanding early parliamentary polls, claiming that Wickremesinghe’s government lacks electoral credibility. The next presidential election is due in 2024

India, our closest ally; sure of recovery from financial crisis: Sri Lankan PM Gunawardena
World

India, our closest ally; sure of recovery from financial crisis: Sri Lankan PM Gunawardena

By a quirk of fate, he is now the Prime Minister of Sri Lanka under President Wickremesinghe whom he fought for decades. Interestingly, both Gunawardena and Wickremesinghe studied together at Colombo’s prestigious Royal College more than 50 years ago

Crisis-hit Sri Lanka economy shrinks 8.4 per cent in second quarter
World

Crisis-hit Sri Lanka economy shrinks 8.4 per cent in second quarter

Sri Lanka's central bank expects the country's economy to shrink by eight per cent this year, with inflation running at over 64 per cent and the rupee losing nearly half of its value against the dollar since January

Sri Lanka will not be part of any Indian Ocean turf war, says Ranil Wickremesinghe
World

Sri Lanka will not be part of any Indian Ocean turf war, says Ranil Wickremesinghe

The Sri Lankan president’s remarks come weeks after the Chinese embassy and the Indian High Commission clashed verbally over the docking of the Chinese ship 'Yuan Wang 5' at Hambantota port

Sri Lanka: Former president Gotabaya Rajapaksa to return to country on Saturday
World

Sri Lanka: Former president Gotabaya Rajapaksa to return to country on Saturday

President Ranil Wickremesinghe made arrangements for his return upon a request by Sri Lanka Podujana Peramuna (SLPP) as a result of which the president is reported to have contacted Rajapaksa to discuss arrangements for his return to the country

Sri Lanka faces global backlash over use of anti-terror laws to arrest protesters
World

Sri Lanka faces global backlash over use of anti-terror laws to arrest protesters

Three student activists arrested last week during the first anti-government rally after the end of a state of emergency were being held under the Prevention of Terrorism Act (PTA), authorities said

Chinese spy ship at Hambantota: Why is there a strong pro-China, anti-India lobby in Sri Lanka?
India

Chinese spy ship at Hambantota: Why is there a strong pro-China, anti-India lobby in Sri Lanka?

Indians are more peeved at the Sri Lankan reaction than possibly the Chinese action. Why are Sri Lankans so ungrateful to India that provided generous support during the early months of the continuing economic and forex crises

Sri Lanka tables bill to clip presidential powers in response to protestors’ key demand
World

Sri Lanka tables bill to clip presidential powers in response to protestors’ key demand

The Bill proposes to transfer some presidential powers — including those to appoint independent election commission members, police and public service officials, and bribery and corruption investigators — to a constitutional council comprising lawmakers and respected non-politicians

Potential IMF bailout for Sri Lanka could be delayed if creditors do not agree on concessions, says Ranil Wickremesinghe
World

Potential IMF bailout for Sri Lanka could be delayed if creditors do not agree on concessions, says Ranil Wickremesinghe

A crucial debt restructuring, with the countries to which it owes billions agreeing to write off some of their dues, is a pre-condition before the IMF will approve a bailout for the country, where inflation is rampant and shortages of essentials widespread

Sri Lanka's main Tamil minority party extends support to Wickremesinghe's call for all-party government
World

Sri Lanka's main Tamil minority party extends support to Wickremesinghe's call for all-party government

Sri Lanka President Ranil Wickremesinghe has called upon all the major parties of the countries to come together to form a national unity government to mitigate the ongoing crisis

Sri Lanka: President Ranil Wickremesinghe invites all parties to form national government
World

Sri Lanka: President Ranil Wickremesinghe invites all parties to form national government

Wickremesinghe also proposed to start a dialogue with parties on the reintroduction of the 19th Amendment to the Constitution, which pruned presidential powers by empowering Parliament above the executive president

Sri Lanka President Ranil Wickremesinghe initiates talks with Opposition parties for forming all-party government
World

Sri Lanka President Ranil Wickremesinghe initiates talks with Opposition parties for forming all-party government

Sri Lankan President Ranil Wickremesinghe has been persuading Opposition parties to join an all-party government led by him as part of his efforts to establish trust in his administration and help the bankrupt country to recover from the worst economic crisis

World Bank has no new financing plans for crisis-hit Sri Lanka; deep structural reforms needed
World

World Bank has no new financing plans for crisis-hit Sri Lanka; deep structural reforms needed

The World Bank said that Sri Lanka needed to adopt structural reforms that focus on economic stabilisation and tackle the root causes of its crisis, which has starved it of foreign exchange and led to shortages of food, fuel and medicines