The Latest Breaking News from Mahinda Rajapaksa

Sri Lanka's prime minister tackles thorny finances, economy

Sri Lanka’s new Prime Minister Ranil Wickremesinghe has been sworn in as finance minister as this Indian ocean island nation confronts its worst economic crisis in memory

The Independent UK · May 25, 2022

Sri Lanka arrests 67 suspected to be heading to Australia

Sri Lanka’s navy says that it has arrested 67 people who it believes were trying to travel by sea to Australia illegally

The Independent UK · May 24, 2022

Sri Lanka increases fuel prices to address economic crisis

Sri Lanka increased fuel prices on Tuesday, a long-flagged move to mend public finances and combat its debilitating economic crisis, but the hikes are bound to add to galloping inflation at least in the short term.

Reuters · May 24, 2022

More pain in Sri Lanka before any resolution to crisis

Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, as the prime minister said supplies had been locked in for at least a month.

Reuters · May 18, 2022

Sri Lankan protesters include Tamil victims in war memorial

Sri Lankan protesters lit flames and offered prayers Wednesday remembering thousands — including ethnic Tamil civilians — killed in the final stages of the country’s decadeslong civil war

The Independent UK · May 18, 2022

Sri Lanka to default on debt, no money for fuel, minister says

Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.

Reuters · May 18, 2022

Sri Lanka faces ‘man-made’ food crisis as farmers stop planting

Once self-sufficient nation reels from fall-out of ill-conceived shift to organic agriculture, economic crisis.

Al Jazeera · May 18, 2022

Sri Lanka in chaos with country on its last day of petrol and severe medicine shortages

Prime minister Ranil Wickremesinghe said Sri Lanka only has petrol stocks "for a single day" and the next few months will be "the most difficult of our lives"

Daily Mirror · May 17, 2022

Sri Lanka travel advice: How has guidance changed and is it safe for holidaymakers amid protests?

Foreign Office changes guidance as violence continues

The Independent UK · May 17, 2022

Sri Lanka parliament blocks move to condemn president, lawmakers arrested over violence

Sri Lanka's parliament on Tuesday voted against fast-tracking an opposition move to condemn President Gotabaya Rajapaksa, as the prime minister warned that the country was in a precarious economic situation and down to its last day of petrol supplies.

Reuters · May 17, 2022