The Latest Breaking News from Ali Sabry

Marxist Anura Kumara Dissanayake Leads In Sri Lanka Election

Sri Lanka's presidential election sees Anura Kumara Dissanayake leading but short of majority, crucial for economic recovery.

Top News · Sep 22, 2024

Marxist Leader Set To Become Sri Lanka's Next President

A previously fringe Marxist politician was on course Sunday to become Sri Lanka's next leader after a presidential vote coloured by discontent over the island nation's response to an unprecedented financial crisis.

International Business Times · Sep 22, 2024

With one eye on China, Japan backs Sri Lanka as a partner in the Indo-Pacific

Japan’s Foreign Minister Yoshimasa Hayashi says that Sri Lanka's strategic location in the Indian Ocean makes it a key partner in realizing a free and open Indo-Pacific

The Independent UK · Jul 29, 2023

U.N. presses Sri Lanka to advance human rights amid economic crisis

Sri Lanka should improve human rights and strengthen institutions to tackle the humanitarian challenges that have sprung from its worst financial crisis in seven decades, a top U.N. Human Rights official said on Monday.

Reuters · Sep 12, 2022

Sri Lanka minister says amendment trimming presidential powers expected to become law in couple of weeks

Sri Lanka Foreign Minister Ali Sabry said on Monday a new constitutional amendment trimming presidential powers is expected to become law in couple of weeks.

Reuters · Sep 5, 2022

Sri Lanka to replace 'unrealistic' budget, in talks to extend World Bank aid

Sri Lanka plans to replace its current "unrealistic" budget and is in talks with the World Bank to extend its support by $300 million to $700 million, the country's finance minister said on Wednesday.

Reuters · May 4, 2022

China backs Sri Lanka's decision to work with IMF to restructure debt

China supports crisis-hit Sri Lanka's decision to work with the International Monetary Fund (IMF) to restructure its debt, Beijing's ambassador Qi Zhenhong told Sri Lankan Finance Minister Ali Sabry at a meeting on Monday.

Reuters · May 2, 2022

India extends additional $500 million credit line to Sri Lanka for purchasing fuel

Sri Lanka needs at least $4 billion to tide over its mounting economic woes.

The Hindu · Apr 23, 2022

Sri Lanka asks IMF for urgent financial assistance

The IMF may consider this request due to the unique circumstances, an aide to the nation’s finance minister said.

Al Jazeera · Apr 19, 2022

One dead after police fire on protesters in Sri Lanka amid bailout talks with IMF

Sri Lankan police fired live ammunition to scatter protesters on Tuesday, killing one person and injuring a dozen more, as the country sought rapid financial assistance from the International Monetary Fund (IMF) to ease a worsening economic crisis.

Reuters · Apr 19, 2022