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Debt deal between Sri Lanka, China ‘a positive step forward’ – IMF
The agreement reached between Sri Lanka and the Export-Import Bank of China (Exim Bank) is a ‘positive step forward’ in the island nation’s debt restructuring process, the International Monetary Fund (IMF) says.
Commenting in this…
China, Sri Lanka to further strengthen economic, trade, investment and cultural ties
Chinese President Xi Jinping’s Special Envoy and State Councilor, Shen Yiqin who is in Sri Lanka on an official visit has called on President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena on Monday (Nov.20).
The primary…
President addresses second Voice of Global South Summit
In a virtual address during the Leader’s Session of the Second Voice of Global South Summit, President Ranil Wickremesinghe expressed gratitude to Prime Minister Narendra Modi for the invitation, acknowledging India’s pivotal role in…
Terms of Sri Lanka’s debt deal with China shared with other creditors – report
Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors — a key sticking point with countries like India — paving the way for more loans from the International Monetary…
Efforts under way to revive direct flights from Coimbatore to Sri Lanka – Deputy envoy
Deputy High Commissioner of Sri Lanka in Southern India D. Venkateshwaran, on Wednesday, said talks are on to revive direct flight connection from Coimbatore to Sri Lanka, as part of a slew of incentives the island nation is providing to…
Biden, Xi set for high-stakes summit
United States President Joe Biden and Chinese President Xi Jinping will try to stop the superpowers’ rivalry from spilling into conflict when they meet for the first time in a year at a high-stakes summit in San Francisco on Wednesday.…
Climate change drives Bangladesh’s worst dengue outbreak
Bangladesh is currently experiencing its most severe outbreak of dengue fever on record, and experts are pointing to climate change as a contributing factor.
They say rising temperatures and an extended monsoon season are creating…
Sabry to attend Ministerial Conference on Maritime Security & Safety in Western Indian Ocean
Foreign Affairs Minister Ali Sabry will attend the 3rd Ministerial Conference on Maritime Security and Safety in the Western Indian Ocean, scheduled to be held in Mauritius tomorrow (Nov.16).
The Sri Lankan lawmaker is taking part in the…
Children in South Asia including SL most likely to face water scarcity problems: UN
More children in South Asia are struggling due to severe water scarcity made worse by the impacts of climate change than anywhere else worldwide, the United Nations said Monday.
“A staggering 347 million children under 18 are exposed to…
Sri Lanka to use budget to meet some IMF pledges as polls near
Sri Lanka is likely to raise taxes and curb spending in its annual budget to meet the International Monetary Fund’s conditions and maintain a $3 billion bailout, but elections next year might see the government delay some reforms.…