Sri Lanka economic crisis

July 24, 2022
July 24, 2022

Pakistan not far from a “Sri Lanka moment”: Imran Khan

Imran Khan, former prime minister and head of Pakistan Tehreek-e-Insaf (PTI), warned on Saturday that the South Asian country is on the verge of a “Sri Lanka moment” in which the populace will take to the streets against the “mafia” headed by Asif Zardari and the Sharif family.

July 21, 2022
July 21, 2022

Will peace return to Sri Lanka?

Uncertainties remain even after the election of new president

July 16, 2022
July 16, 2022

"Took all possible steps to avert economic crisis", Gotabaya Rajapaksa says

Sri Lanka’s ousted president Gotabaya Rajapaksa, who fled overseas this week to escape a popular uprising against his government, has said he took "all possible steps" to avert the economic crisis that has engulfed the island nation.

July 15, 2022
July 15, 2022

Debt crisis: Which countries are at risk of defaulting?

Traditional debt crisis signs of crashing currencies, 1,000 basis point bond spreads and burned FX reserves point to a record number of developing nations now in trouble.

July 15, 2022
July 15, 2022

Despair grips Sri Lankans as they queue at pumps for days with no promise of petrol

Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards.

June 19, 2022
June 19, 2022

Former SL batter Mahanama serves Tea and Buns amidst fuel crisis

Amid the economic crisis in Sri Lanka, former cricketer Roshan Mahanama has urged his countrymen to look after each other during the difficult times as he himself was seen serving tea and buns to people waiting in long queues at the petrol station around Ward Place and Wijerama Mawatha regions of the island nation. The economic crisis has led to an acute shortage of essential items like food, medicine, cooking gas and other fuel, toilet paper and even matches.

May 23, 2022
May 23, 2022

Managing exchange rate regime: any cause for panic?

Exchange rate management has become a frontline issue in Bangladesh in recent times. The sharp rise in the price of the dollar and the significant decline in the foreign exchange reserves within a short span of time have sent shock waves across the economy.

May 20, 2022
May 20, 2022

How is Sri Lanka’s youth dealing with the economic crisis?

With the economic crisis in Sri Lanka fuelling deplorable conditions, a widespread protest movement has emerged across the island nation, led mostly by its youth.

May 19, 2022
May 19, 2022

2 months' remittance enough to clear foreign debts: Finance Minister

Finance Minister AHM Mustafa Kamal today said there is nothing to worry about Bangladesh's foreign debt as the annual repayment amount is equivalent to only two months' remittance income of the country.

May 13, 2022
May 13, 2022

Sri Lankan Crisis: A cautionary tale for Bangladesh

Sri Lanka is going through a period of political unrest amid its ongoing economic crisis.