Sri Lanka

Urged G20 finance chiefs to focus on global recovery goals; Unexpected official notification

Indonesia’s Finance Minister Sri Mulyani (Front C) attends the G20 Finance Ministers’ meeting in Nusa Dua, on the Indonesian resort island of Bali, on July 16, 2022. SONNY TUMBELAKA | pool | AFP via Getty Images Indonesia on Saturday urged G20 finance leaders to stay focused on their goals for global economic recovery, but sources …

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Prime Minister says Sri Lanka’s economy has “completely collapsed”

CNN – Sri Lanka’s economy has “completely collapsed”, Prime Minister Ranil Wickremesinghe said on Wednesday, as the crisis-stricken country faces an increasingly dire situation that has left millions suffering from shortages of fuel, electricity and food. “Our economy has faced a complete collapse,” Wickremesinghe told Sri Lanka’s parliament, adding that the government was seeking help …

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Sri Lanka’s prime minister says the economy has “collapsed” and is unable to buy oil

Colombo, Sri Lanka — Sri Lanka’s prime minister told lawmakers on Wednesday that Sri Lanka’s debt-laden economy had “collapsed” after months of shortages of food, fuel and electricity, comments underlining the country’s dire situation as it seeks help from international lenders. Prime Minister Ranil Wickremesinghe told parliament that the South Asian country “is facing a …

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