crisis-hit Sri Lanka

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.

May 10, 2022
May 10, 2022

Sri Lankan protesters call for regime change

Protesters and a key trade group in Sri Lanka called for a new government to take control of the crisis-hit country on Tuesday as the president called for calm a day after clashes killed eight people, pushing his brother to quit as prime minister.

April 25, 2022
April 25, 2022

India suggests IMF, World Bank to reclassify Sri Lanka as lower-income country temporarily

India has suggested to the IMF and World Bank to temporarily give Sri Lanka – grappling with its worst financial crisis – the tag of a lower-income country to help the island nation restructure its debt.