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Articles for Wickremesinghe, search results for shortages

Sri Lanka president defends IMF bailout in campaign launch
3 months, 3 weeks ago

Sri Lanka president defends IMF bailout in campaign launch

Hindustan Times  

Sri Lanka had no option but to agree to an International Monetary Fund bailout that required tough austerity measures, President Ranil Wickremesinghe said Thursday as he launched his re-election campaign. Sri Lanka president defends IMF bailout in campaign launch An unprecedented economic crisis two years ago led to months-long food and fuel shortages, triggering street protests that forced Wickremesinghe's predecessor …

Sri Lanka Wickremesinghe Defends Imf
Sri Lanka achieved progress in economic recovery as people backed difficult programme: President Wickremesinghe
10 months, 2 weeks ago

Sri Lanka achieved progress in economic recovery as people backed difficult programme: President Wickremesinghe

The Hindu  

President Ranil Wickremesinghe on February 4 said Sri Lanka has achieved progress in its economic recovery process due to the steadfast support of citizens to a comprehensive long-term national rebuilding programme despite facing hardships. Addressing the 75th anniversary of Independence celebrations held in Colombo, Mr. Wickremesinghe said when the country marked Independence Day last year it was labelled bankrupt. He …

Sri Lanka Economic Recovery Difficult Programme Wickremesinghe President
Sri Lankan Parliament votes to support IMF recovery program
1 year, 7 months ago

Sri Lankan Parliament votes to support IMF recovery program

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sri Lanka’s Parliament voted Friday …

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Sri Lankan Parliament votes to support IMF recovery program
1 year, 7 months ago

Sri Lankan Parliament votes to support IMF recovery program

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka’s Parliament voted Friday to support the implementation of a four-year International Monetary Fund program aimed at solving the country’s economic crisis and reducing its debt burden. The approval strengthens Wickremesinghe’s hands as he holds tough debt restructuring negotiations with Sri Lanka’s external creditors and privatizes state-run enterprises under the program, approved by the IMF …

Parliament Wickremesinghe Sri Lankan Support Imf
IMF to assess Sri Lankan governance as part of $3B bailout
1 year, 9 months ago

IMF to assess Sri Lankan governance as part of $3B bailout

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The International Monetary Fund said …

Governance Sri Lanka Lanka Sri Imf Wickremesinghe Sri Lankan
Sri Lanka unions stage strike to protest against IMF bailout plan
1 year, 9 months ago

Sri Lanka unions stage strike to protest against IMF bailout plan

Al Jazeera  

Thousands of workers at hospitals, schools and railways across Sri Lanka have gone on strike to protest against high costs of living, including increased taxes imposed as a precondition for an International Monetary Fund bailout, amid the country’s worst financial crisis in decades. “Sri Lanka is at a very sensitive point and it is important for the public to understand …

Sri Lanka Port Protest Lanka Sri Imf Wickremesinghe
Sri Lanka: China agrees to restructure loans, says President Ranil Wickremesinghe
1 year, 9 months ago

Sri Lanka: China agrees to restructure loans, says President Ranil Wickremesinghe

Firstpost  

Sri Lanka defaulted on its $46-billion foreign debt last April during its economic crisis, which caused months of food and fuel shortages around the South Asian nation Colombo, Sri Lanka: Sri Lanka’s president said Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clearing the final obstacle to an International Monetary Fund bailout. China’s state-owned …

China Sri Lanka Lanka Sri Imf
Sri Lanka police fire tear gas at election protest; 15 injured
1 year, 9 months ago

Sri Lanka police fire tear gas at election protest; 15 injured

The Hindu  

Police in Sri Lanka on February 26, 2023 fired tear gas and water cannons to disperse protesters angry over a decision to postpone local elections after the government said it cannot finance them because of the country's crippling economic crisis. Thousands of supporters of the Opposition National People's Power party tried to march toward the main business district in capital …

Sri Lanka Lanka Sri Rajapaksa Wickremesinghe Tear Gas
Sri Lanka delays first vote since new president
1 year, 10 months ago

Sri Lanka delays first vote since new president

Firstpost  

Colombo: Sri Lanka’s independent election commission indefinitely postponed local polls Friday after the president – installed by parliament last year after his predecessor fled – refused to fund the vote. The 9 March polls would only have picked local councillors but would be the first electoral test for Ranil Wickremesinghe since he took office in July after months of protests …

Sri Lanka Rajapaksa
Sri Lankan leader appeals for patience amid economic crisis
1 year, 10 months ago

Sri Lankan leader appeals for patience amid economic crisis

The Hindu  

Sri Lanka’s President on Wednesday appealed for patience amid the country's worst economic crisis but promised brighter times ahead. President Ranil Wickremesinghe said in a policy speech after inaugurating a new parliamentary session that he had been forced to make unpopular decisions to salvage the country's finances, including by implementing measures such as higher taxes. In another three years, present …

India China Sri Lanka Power Economic Crisis Sri Imf
Sri Lankan leader appeals for patience amid economic crisis
1 year, 10 months ago

Sri Lankan leader appeals for patience amid economic crisis

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka’s president on Wednesday appealed for patience amid the country’s worst economic crisis but promised brighter times ahead. President Ranil Wickremesinghe said in a policy speech after inaugurating a new parliamentary session that he had been forced to make unpopular decisions to salvage the country’s finances, including by implementing measures such as higher taxes. In …

India China Sri Lanka Power Economic Crisis Lanka Sri
Ex-Sri Lanka President Gotabaya Rajapaksa quizzed over hidden cash stash
1 year, 10 months ago

Ex-Sri Lanka President Gotabaya Rajapaksa quizzed over hidden cash stash

Firstpost  

Protesters occupied his presidential palace for several days, discovering 17.5 million rupees hidden in Rajapaksa’s private quarters that they later turned over to police Sri Lankan police told AFP on Wednesday they are investigating ousted president Gotabaya Rajapaksa over a hidden cash stockpile uncovered when protesters stormed his former residence last year. Protesters occupied his presidential palace for several days, …

President Rajapaksa Gotabaya Rajapaksa
Sri Lanka urged to free student activist held over protests
1 year, 11 months ago

Sri Lanka urged to free student activist held over protests

Associated Press  

COLOMBO, Sri Lanka — Human rights groups urged Sri Lanka’s government to release a prominent student activist who was arrested five months ago during anti-government protests triggered by the country’s worst economic crisis and has been held without charges under harsh anti-terrorism laws. Seven human rights groups, including Amnesty International and Human Rights Watch, said that under the powerful Prevention …

Law Sri Lanka Rights Sri Groups Rajapaksa Wickremesinghe
Sri Lanka disperses student rally after partial protest ban
2 years, 3 months ago

Sri Lanka disperses student rally after partial protest ban

The Hindu  

Sri Lankan police dispersed hundreds of demonstrators on Saturday, a day after severely curtailing protest rights in response to months of unrest sparked by the island nation's sharp economic downturn. Sri Lanka endured months of acute food and fuel shortages, extended blackouts, and runaway inflation after running out of foreign currency to finance essential imports this year. Shortly after Mr. …

Sri Lanka Lanka Sri Wickremesinghe
Sri Lanka's protest movement toppled a president. Then came the crackdown
2 years, 3 months ago

Sri Lanka's protest movement toppled a president. Then came the crackdown

ABC  

Sri Lankan protesters were triumphant, the power was finally in their hands and the world was watching. "This is not justice, this is reprisals for protest and to teach them a lesson and to ensure that others don't protest," said Ambika Satkunanathan, Sri Lanka's former Human Rights Commissioner. A protest icon forced into hiding Father Jeewantha Peiris, a Catholic priest …

Sri Lanka Protest Colombo President Foreign Lanka Sri
Sri Lanka: Ruling party asks president Wickremesinghe to facilitate ex-leader Gotabaya Rajapaksa's return
2 years, 4 months ago

Sri Lanka: Ruling party asks president Wickremesinghe to facilitate ex-leader Gotabaya Rajapaksa's return

Firstpost  

In response to speculations that former president Rajapaksa may return to Sri Lanka next week, the SLPP General Secretary Sagara Kariyawasam told reporters that the request was made during a meeting with president Wickremesinghe on Thursday Colombo: The ruling Sri Lanka Podujana Peramuna party has urged president Ranil Wickremesinghe make arrangements for Gotabaya Rajapaksa’s safety so that he can return …

Sri Lanka President Lanka Sri Return Wickremesinghe Slpp
IMF delegation to visit Sri Lanka by August end: Central Bank Governor
2 years, 4 months ago

IMF delegation to visit Sri Lanka by August end: Central Bank Governor

The Hindu  

The Sri Lankan government's negotiations with the IMF for a bailout package have made "good progress," the Central Bank Governor said on Thursday, indicating that a top delegation of the Washington-based lender is expected to arrive here at the end of this month to finalise a staff-level agreement. "The IMF programme is making a good progress, and an IMF mission …

Sri Lanka Country Agreement Lanka Sri Imf Rajapaksa
Dinesh Gunawardena likely to be named Sri Lankan Prime Minister
2 years, 5 months ago

Dinesh Gunawardena likely to be named Sri Lankan Prime Minister

The Hindu  

Ranil Wickremesinghe, who was sworn in as President of Sri Lanka on Thursday, is expected to appoint long-time Rajapaksa loyalist and senior politician Dinesh Gunawardena as Prime Minister, a source close to the President’s office told The Hindu. Reiterated the Opposition’s determination to provide constructive support to avert misery and disaster.” The Samagi Jana Balawegaya Leader said he proposed to …

Prime Minister President Parliament Rajapaksa Wickremesinghe Sri Lankan President Wickremesinghe
Sri Lanka presidency a close contest after frontrunner pulls out
2 years, 5 months ago

Sri Lanka presidency a close contest after frontrunner pulls out

Al Jazeera  

Acting President Ranil Wickremesinghe will face the opposition-backed Dullas Alahapperuma and Anura Kumara Dissanayake in Wednesday vote. Colombo, Sri Lanka – Three candidates are in the race to be the next Sri Lankan president after former leader Gotabaya Rajapaksa fled the country and resigned last week over the island’s worst-ever economic crisis. Acting President Ranil Wickremesinghe will face the opposition-backed …

Sri Lanka Party Candidate Told Ruling Lanka Sri
Sri Lanka protest movement reaches 100 days
2 years, 5 months ago

Sri Lanka protest movement reaches 100 days

The Hindu  

Sri Lanka's protest movement reached its 100th day Sunday having forced one president from office and now turning its sights on his successor as the country's economic crisis continues. His mismanagement is blamed for Sri Lanka's financial turmoil, which has forced its 22 million people to endure shortages of food, fuel and medicines since late last year. The campaign to …

Sri Lanka Rajapaksa
Sri Lanka talks grow urgent as political vacuum deepens
2 years, 5 months ago

Sri Lanka talks grow urgent as political vacuum deepens

The Hindu  

Sri Lanka is in a political vacuum for a second day on July 11 with opposition leaders yet to agree on who should replace its roundly rejected leaders, whose residences are occupied by protesters, angry over the country's economic woes. Protesters remained in President Gotabaya Rajapaksa’s residence, his seaside office and the prime minister’s official home, which they took possession …

Sri Lanka Opposition Leaders Prime Minister Minister President Lanka
Sri Lanka Crisis Updates: 'Missing' President Rajapaksa Orders Distribution of Cooking Gas amid Stir
2 years, 5 months ago

Sri Lanka Crisis Updates: 'Missing' President Rajapaksa Orders Distribution of Cooking Gas amid Stir

News 18  

Sri Lanka Crisis LIVE Updates: India on Sunday said it stands with the people of the island nation and it will continue to follow the recent developments. India stands with the people of Sri Lanka as they seek to realize their aspirations for prosperity and progress through democratic means and values, established institutions and constitutional framework,” MEA spokesperson Arindam Bagchi …

India Sri Lanka President Lanka Sri Protesters Rajapaksa
Sri Lanka admits bankruptcy, warns of crisis through 2023
2 years, 5 months ago

Sri Lanka admits bankruptcy, warns of crisis through 2023

The Hindu  

Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament on Tuesday. He said Sri Lanka's ongoing bailout talks with the International Monetary Fund depended on finalising a debt restructuring plan with creditors by August. A video on the Sri Lanka …

Sri Lanka Lanka Sri Imf Wickremesinghe
Sri Lanka hikes fuel prices as it faces economic collapse
2 years, 5 months ago

Sri Lanka hikes fuel prices as it faces economic collapse

Al Jazeera  

The move comes a day after the energy minister said there would be an indefinite delay in getting new shipments of oil. Wijesekera said oil due last week had not turned up while shipments scheduled to arrive next week would also not reach Sri Lanka because of “banking” reasons. A delegation from the US Departments of Treasury and State arrived …

Sri Lanka Lanka Sri Sri Lankans Wijesekera