2 min read
The International Monetary Fund (IMF) has approved a 48-month extended arrangement under the Extended Fund Facility (EFF) of USD 3 billion to support Sri Lanka's economic policies and reforms, according...
3 min read
Earlier this year millions from all around the world watched as the Sri Lankan economy spiralled into its downfall. Mismanagement at the Government level had neighbouring countries taking notes on...
1 min read
The streets of the capital of Sri Lanka have been filled with students protesting and calling for the President to resign. Protests erupted as the shortages of food, fuel and...
1 min read
The cabinet of Sri Lanka passed the 21st amendment to the Constitution on June 20th, which is expected to nullify the 20th amendment. While the 20th amendment grants the President...
2 min read
The Sri Lankan economic downfall started taking a turn for the worst earlier this year, as prices of basic necessities started to increase. The sharp price increases only appeared to...