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The Business Standard

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May 15, 2025

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THURSDAY, MAY 15, 2025

Sri Lanka economic crisis

File photo: Sri lanka flag/ Reuters
Global Economy

Sri Lanka to save $5 billion from bilateral debt deal

Sri Lankan drivers push auto rickshaws to buy petrol from a fuel station amid an economic crisis last year. The country’s 69.8% inflation in September 2022 declined to only 4% in August 2023 due to the government’s rapid and effective measures to stabilise the economy. 
Photo: Reuters
South Asia

Sri Lanka inflation climbs as food prices rise

Sri Lanka raises taxes ahead of foreign debt deal
World+Biz

Sri Lanka raises taxes ahead of foreign debt deal

H.J.M Seneviratne, 63, uses his bicycle to carry back home a water can that he bought amid a drought in Anamaduwa, Sri Lanka August 20,2023. REUTERS/Dinuka Liyanawatte
Global Economy

Drought dents Sri Lanka's economic hopes, farmers' livelihood

Reaping the rewards.Photographer: Thilina Kaluthotage/Bloomberg
World+Biz

How do you end Sri Lanka’s crisis? Ask the bond market

File photo of Sri Lankan protests over price rise and lack of essential commodities in 2022
Sri Lanka Crisis

Sri Lanka forex down to $500 million, postpones local polls

Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, on 9 December 2022. Photo: Reuters
South Asia

Embattled Adani invests $442 million in cash-strapped Sri Lanka

Sri Lanka's President Ranil Wickremesinghe arrives with commanders of three forces to attend the country's 75th Independence Day celebrations in Colombo, Sri Lanka February 4, 2023. REUTERS/Dinuka Liyanawatte
Global Economy

Sri Lanka seen returning to growth by year-end, president says

FILE PHOTO: U.S. State Department Under Secretary for Public Affairs Victoria Nuland speaks during a briefing at the State Department in Washington, U.S., January 27, 2022. Susan Walsh/Pool via REUTERS
World+Biz

China has not done enough on Sri Lanka debt restructuring - US diplomat

Since there is no alternative to conventional classroom learning in Sri Lanka, missing school has a massive impact on all children
Photo: DW
Panorama

How hunger is keeping Sri Lankan children away from school

FILE PHOTO: Indian External Affairs Minister Dr. S. Jaishankar attends a high level meeting of the United Nations Security Council on the situation amid Russia's invasion of Ukraine, at the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 22, 2022. REUTERS/Amr Alfiky
South Asia

Sri Lanka expects financing assurances from China for IMF deal within days

Nandalal Weerasinghe was appointed Governor of the Central Bank of Sri Lanka this year amid the country's worst economic crisis in decades.(REUTERS)
Sri Lanka Crisis

Sri Lanka Central Bank sees inflation to cool from 70% to 4% by end 2023: Report

File photo. A man rests while waiting in a line to buy diesel near a Ceylon Petroleum Corporation fuel station, 7 April 2022. Photo: Reuters
Inflation

Sri Lanka's key inflation rate slows to 66% in October

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