Sri Lanka News

Pool parties and picnics galore: What's going on inside the Sri Lankan presidential palace?

After protesters overrun the presidential palace and prime minister's bungalow in Colombo, thousands continue to mill around — resting on beds, enjoying lunches in the gardens, and clicking photographs

Fifteen-hour-long power outages to starvation: What awaits Sri Lanka as it runs out of petrol?

Prime Minister Ranil Wickremesinghe warned Lankans that the ‘next couple of months will be the most difficult ones of our lives'. The country, facing its worst economic crisis in more than 70 years, was down to its last day of petrol on Monday

Indian High Commission in Sri Lanka denies stopping issuance of visas

The High Commission said it was striving to return to its normal functioning soon.

Sri Lanka begins fuel rationing for vehicles amid severe economic crisis

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel up to worth Rs 1,000 per visit to a fuel station

Sri Lanka defaults on its $51 billion external debt, calls it 'last resort' as country runs out of foreign exchange

Sri Lanka's finance ministry said in a statement that creditors, including foreign governments, were free to capitalise any interest payments due to them from Tuesday or opt for payback in Sri Lankan rupees.

Sri Lankan delegation set to meet IMF officials in Washington

The IMF has noted that the country faces mounting challenges, including public debt that has risen to unsustainable levels, low foreign currency reserves, and persistently large financing needs in the coming years

Playing big brother: How India is providing timely aid as Sri Lanka battles its worst economic crisis

India has been extending financial as well as humanitarian assistance to the ailing island nation. From a $1.5 billion line of credit to providing more than 2,70,000 tonnes of fuel, the Narendra Modi-led government has stepped up

Is it safe to travel to Sri Lanka? The economic crisis and its fallout on tourism

A spiralling economic crisis and the declaration of an emergency has led countries like the United Kingdom, Australia and Canada to issue travel advisories, urging for caution. While India hasn't issued one yet, the number of flights have been reduced

Sri Lanka parliament to reconvene today in first session since imposing emergency

The state of emergency is due to expire on Thursday next week unless it is ratified in a parliamentary vote.

Timeline | Sri Lanka’s economic crisis was in the making from November 2019

Sri Lanka is facing its worst economic crisis since 1948, when the country gained independence; there's no food, no fuel, no power, leaving people anguished and angry. Here's a short summary of errors that led to this mess