News Sri Lanka North Western: Sri Lanka reaches deal on debt restructuring with bilateral creditors including China and France
Sri Lanka's President Ranil Wickremesinghe announced a debt restructuring deal with countries including India, France, Japan and China in a televised address to the nation Wednesday. The agreement ...
News Sri Lanka North Western: Sri Lanka’s Debt Restructuring Deal: Economic Relief or Creditor Windfall?
Close on the heels of agreements with key bilateral lenders, the Sri Lankan government last week announced that it has reached debt restructuring agreements with commercial creditors (those who have ...
News Sri Lanka North Western: S&P Sri Lanka 20 (SPLK20LP)
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
News Sri Lanka North Western: Sri Lanka economic crisis: India's $1 billion credit line extended by a year
India decided to extend the credit line by a year, allowing the neighbour the much-needed back-up funds to pay for essential imports.
News Sri Lanka North Western: Sri Lanka
Sri Lanka is attempting to sustain economic growth while maintaining macroeconomic stability under the IMF program it began in 2016. The government's high debt payments and bloated civil service, which have contributed to historically high budget deficits, remain a concern.
News Sri Lanka North Western: Sri Lanka: Why is the country in an economic crisis?
but the new president is trying to deal with a huge financial crisis. Sri Lanka owes about $7bn (£5.7bn) to China and around $1bn to India. Last month, both these countries agreed to restructure ...
News Sri Lanka North Western: Sri Lanka - India assures support to Sri Lanka in these difficult times
India has assured Sri Lanka of its support to tide over“difficult times” even as it welcomed the Trincomalee oil tank farm project saying it will augment bilateral energy security. External ...
News Sri Lanka North Western: HNB supports digital payments adoption drive in Negombo
Extending its support to the rapid development of a vibrant cashless payments ecosystem, Sri Lanka’s leading private bank, Hatton National Bank PLC (HNB), participated in the latest edition of the ...
News Sri Lanka North Western: Programme launched to provide water to the needy
Initiatives in Development of Entrepreneur Approaches and Strategies (I/D/E/A/S) and Lanka Rain Water Harvesting Forum (LRWHF) have entered into a Memorandum of Understanding for a period of three (3) ...
