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Sri Lanka is paying some foreign debts with tea, rather than cash. But an abrupt ban on chemical fertilizers has hurt crop yields and tea pickers are losing hours and wages as food prices double.
The government of Sri Lanka’s proposed Anti-Terrorism Act would empower the authorities to systematically violate fundamental human rights.
Persistent deficits made it difficult for Sri Lanka to meet its debt obligations, and the COVID-19 pandemic worsened the nation’s economic outlook. Sri Lanka is an island nation in the Indian ...
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
Sri Lanka's customs authorities arrested on Friday a woman and seized the largest haul of cocaine ever detected at the country's main international airport, an official said. The unnamed 38-year ...
The latest Sri Lanka Development Update (SLDU) projects the country’s economy to contract by 4.3 percent in 2023, as demand continues to be subdued, job and income losses intensify, and supply-side ...
Sri Lanka defaulted on its debt last year and recently secured a $3 billion bailout from the IMF. Fred de Sam Lazaro traveled to the island nation of 23 million people to see how the country is ...
But with Sri Lanka also happy to set defensive fields, Bangladesh - who have had a very lean period in Tests of late - had no desire to put valuable World Test Championship points at risk.
Customs officers say a 21-year-old British woman was stopped with 101 pounds of kush — a synthetic drug containing powerful opioids — packed in two suitcases.
Many factors, including poor decision-making on fiscal policy initiatives and economic management, led to Sri Lanka’s economic collapse.
This March marks the mid-point of Sri Lanka’s four-year economic reform program supported by the International Monetary Fund (IMF). In the two years since its inception difficult but much needed ...
The Sri Lanka Development Update (SLDU) has two main aims. First, it reports on key developments over the past 12 months in Sri Lanka’s economy, places these in longer term and global contexts, and ...
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