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August 7, 2024 at 4:40 AM. COLOMBO, Sri Lanka (AP) — The man who is considered the heir apparent to the powerful Rajapaksa family in Sri Lanka will contest the presidential election in September ...
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [ 1 ]
August 7, 2024 at 1:18 AM. By Uditha Jayasinghe. COLOMBO (Reuters) - Namal Rajapaksa, the son of Sri Lanka's former president, will run in the Sept. 21 presidential election, he said on Wednesday ...
The Daily News is an English-language newspaper in Sri Lanka. It is now published by the Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The newspaper commenced publishing on 3 January 1918. [1] D. R. Wijewardena was its founder.
By 2022, Sri Lanka had to repay about $6 billion in foreign debt every year, amounting to about 9.2% of gross domestic product. The agreement would enable Sri Lanka to maintain debt payments at ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country. The anti-government sentiment across various parts of Sri ...
July 10, 2024 at 5:39 AM. COLOMBO, Sri Lanka (AP) — A railway union strike stopped most trains across Sri Lanka on Wednesday, leaving tens of thousands of passengers to brave the few dangerously ...