Tag: Ranil Wickremesinghe

Sri Lanka strikes private debt restructuring deal with bondholders

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Sri Lanka State Minister of Finance Asanka Shehan Semasinghe. | Photo Credit: EMMANUAL YOGINI Sri Lanka has reached a debt restructuring deal with the international sovereign bondholders after protracted negotiations, state Finance Minister Shehan Semasingher said on July 4, calling it a “crucial step” in the cash-strapped country’s efforts to restore debt sustainability. In a…

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Sri Lanka finalises debt restructuring agreement after financial crisis

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A man walks past posters which said ‘good news’ in Colombo on June 25, 2024, as President Ranil Wickremesinghe is expected to announce a debt restructuring deal with bilateral lenders after a sovereign default in April 2022. | Photo Credit: AFP Sri Lanka’s government said on June 26 it has finalised a long-delayed debt restructuring…

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EAM Jaishankar arrives in Sri Lanka, unveils projects with President Wickremesinghe

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External Affairs Minister S. Jaishankar being welcomed by Governor of Eastern Province of Sri Lanka, Senthil Thondaman, upon his arrival in Colombo, Sri Lanka, Thursday, June 20, 2024. | Photo Credit: PTI External Affairs Minister S. Jaishankar arrived in Sri Lanka on Thursday, June 20, 2024, his first visit here in his second consecutive term…

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Sri Lanka needs to connect with India to benefit from its industrial success: President Wickremesinghe

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Sri Lankan President Ranil Wickremesinghe. File | Photo Credit: AP President Ranil Wickremesinghe on Wednesday said Sri Lanka needs to connect with neighbouring India to reap the benefits of its massive industrial development. “Our neighbour India is going through a phase of massive industrial development. Tamil Nadu, Telangana and Andhra Pradesh are experiencing it. We…

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Feasibility study on proposal to establish land connectivity with India in final stages, says Sri Lankan President

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Sri Lankan President Ranil Wickremesinghe. File | Photo Credit: AP Sri Lankan President Ranil Wickremesinghe said on Sunday that the feasibility study on a proposal to establish land connectivity with India is in its final stages. Mr. Wickremesinghe, who was travelling in the northeastern district of Mannar to inspect the development work in the region,…

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Sri Lanka to hold presidential election between September 17 and October 16: Election Commission

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File picture of Sri Lankan President Ranil Wickremesinghe | Photo Credit: AP Sri Lanka will hold presidential election between September 17 and October 16, the country’s top electoral body announced on Thursday. In a notice signed by its chairman R.M.A.L. Ratnayake, the Election Commission said it will call for nominations to hold the Presidential election…

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Ranil Wickremesinghe bats for Global South during Iranian President’s visit

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Sri Lankan President Ranil Wickremesinghe with his Iranian counterpart Ebrahim Raisi in Colombo. | Photo Credit: Special Arrangement The Global South must strive for their strength and autonomy, Sri Lankan President Ranil Wickremesinghe said on Wednesday, even as he thanked his Iranian counterpart Ebrahim Raisi, who inaugurated a key power and irrigation project in the…

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Sri Lankan President Ranil Wickremesinghe releases 234 acres of land in Jaffna for farmers’ use

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A file photo of Sri Lankan President Ranil Wickremesinghe | Photo Credit: AP Sri Lankan President Ranil Wickremesinghe on March 22 released 234 acres of land, previously held by the Jaffna Security Forces Headquarters, to farmers in the area, a statement said. Jaffna is a Tamil-dominated capital city of the Northern Province of Sri Lanka….

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‘Star wars’ in Sri Lanka as astrologers squabble over best date for celebrating Sinhala, Tamil New Year

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Demonstrators take part in a ritual of boiling milk to mark the Shinala and Tamil New Year during their protest against Sri Lankan President Gotabaya Rajapaksa in front of the Presidential secretariat, amid the country’s economic crisis in Colombo, Sri Lanka, on April 14, 2022. File | Photo Credit: Reuters Sri Lanka’s government-backed traditional astrologers…

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