By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s economy grew by 1.6% in the quarter from July to September, official data showed on Friday, as the country claws its way …
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By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, as the country struggles to claw out of its worst financial …
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COLOMBO (Reuters) -Sri Lanka’s key inflation rate eased to 4% in August from 6.3% a month ago, the statistics department said on Thursday, marking continued stabilisation for the crisis-ridden economy. …
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By Uditha Jayasinghe COLOMBO (Reuters) – A year after angry Sri Lankans stormed the president’s residence and forced his ouster during a meltdown of the economy, the island’s streets are …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 25.2% in May from 35.3% in April, the statistics department said on Wednesday, reducing some stress on …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s key inflation rate eased to 50.3% in March from 50.6% in February, the statistics department said on Friday. The Colombo Consumer Price …
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(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) rose 53.6% in February on the year, after a rise of 53.2% in January, the statistics department of the debt-stricken country …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s decision to raise interest rates shows the crisis-hit country’s commitment to reducing inflation quickly towards single-digit levels, the International Monetary Fund (IMF) …
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(Reuters) – Sri Lanka’s key inflation rate eased to 54.2% in January from 57.2% in December, the country’s statistics department said on Tuesday. The Colombo Consumer Price Index (CCPI) reflected …
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(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said on Wednesday. Food prices were …
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COLOMBO (Reuters) – The World Bank has approved crisis-hit Sri Lanka’s request to access concessional financing from the International Development Association so as to help stabilise its economy, the lender …
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By Jorgelina do Rosario and Rachel Savage LONDON/JOHANNESBURG (Reuters) – Sri Lanka owed Chinese lenders $7.4 billion – nearly a fifth of its public external debt – by the end …
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(Reuters) -Sri Lanka’s key inflation rate eased to 66% in October after hitting 69.8% in September, the crisis-struck country’s statistics department said on Monday. The still extremely elevated Colombo Consumer …
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By Uditha Jayasinghe COLOMBO (Reuters) -A key measure of Sri Lanka’s consumer inflation surged to an annual record 69.8% in September, official data showed on Friday, highlighting the challenge for …
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By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s president is set to slash expenditure when he presents an interim budget on Tuesday to see the crisis-ridden country through the rest …
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COLOMBO (Reuters) – Sri Lanka’s ruling party has asked the country’s new president to provide security and other assistance for his predecessor who fled to Southeast Asia last month after …
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COLOMBO – Sri Lanka’s acting President Ranil Wickremesinghe will be the country’s next president until 2024, a parliament vote count showed on Wednesday.
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By Andrea Shalal and Marc Jones NUSA DUA, Indonesia – China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries …
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By Alasdair Pal (Reuters) – Sri Lanka’s Gotabaya Rajapaksa, who oversaw a ruthless crushing of Tamil Tiger guerrillas to end a long-running civil war and went on to become president, …
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By Alasdair Pal and Uditha Jayasinghe WEERAKETIYA, Sri Lanka – His beloved villa has been daubed in graffiti by protesters, and a museum dedicated to his father ransacked. Now former …
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By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO – Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles …
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By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO -Sri Lankan President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite demonstrations against his handling of the country’s worst economic …
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By Uditha Jayasinghe COLOMBO – Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel factory in Sri Lanka so …