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Representational image only. File | Photo Credit: Reuters Sri Lanka’s new government led by Anura Kumara Dissanayake on Monday (October 14, 2024) told the Supreme Court that it would reconsider the approval granted by the previous government to India’s Adani Group for a wind power project. A five-member Supreme Court (SC) Bench was told on…
During the two days of talks with the IMF authorities, President Anura Kumara Dissanayake reiterated Sri Lanka’s position that some of the rigid IMF conditions must be watered down to grant relief to the public. | Photo Credit: AFP The Sri Lankan government has announced a long-delayed debt restructuring agreement with its sovereign bondholders, in…
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Anura Kumara Dissanayake takes oath as Sri Lanka’s new president during a ceremony, in Colombo, Sri Lanka. File | Photo Credit: PTI The new Sri Lankan government, during its first meeting with the International Monetary Fund (IMF), said it is committed to the global lender’s $2.9 billion bailout package clinched by the previous Ranil Wickremesinghe…
New Delhi: Anura Kumara Dissanayake – Sri Lanka’s new Marxist President – has said he wants to avoid being “sandwiched” between India and China but recognises each as a “valued partner”, as he tries to resolve a financial crisis that has roiled his country since 2019 and led to a sovereign default in April 2022….