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Lanka - Page 43

Lanka seeks IMF bailout

Sri Lanka has been undergoing a serious economic crisis and foreign reserves stand below $2 billion…reports Asian Lite News The Sri Lankan government has sent a delegation to the International Monetary Fund
April 17, 2022
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India’s credit line to save ailing Lanka

India, Sri Lanka’s closest neighbour had offered $1 billion credit line to purchase fuel, food and medicines. Since January India has provided nearly $2.5 billion financial assistance….writes Susitha Fernando  Suffered by economic
April 14, 2022
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Will Nepal become another Lanka?

Nepal’s finance minister said he was “surprised” the issue was being compared with the crisis in Sri Lanka…reports Asian Lite News Nepal has restricted imports of non-essential goods, including cars, cosmetics and
April 12, 2022
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