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The Latest Breaking News from Sri Lanka

IMF approves $2.9bn bailout for Sri Lanka

Bankrupt Sri Lanka will receive a conditional $2.9-billion bailout to repair its battered finances, the International Monetary Fund said on Thursday, raising hopes that a bruising economic crisis might start to ease.

Bangkok Post

IMF offers Sri Lanka provisional $2.9bn loan to tackle debt crisis

Funding still needs to be approved but could offer breathing space amid country’s economic turmoil

The Guardian - UK

IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

The International Monetary Fund will provide Sri Lanka $2.9 billion over four years to help salvage the country from its worst economic crisis under a preliminary agreement the agency announced

WEKU

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Asia Cup 2022: Interesting statistical trivia so far

On Wednesday India became the second team after Afghanistan to enter the Asia Cup Super 4 stage. A 40 run win against minnows Hong Kong, who are ranked 20th in the ICC T20I team rankings also meant that India finished as the toppers of Group A, with 2 wins in…

The Times of India

IMF agrees to provide crisis-hit Sri Lanka $2.9 billion

The International Monetary Fund says it has reached a preliminary agreement to provide $2.9 billion over four years to help crisis-hit Sri Lanka

The Independent UK

Sri Lanka gains IMF's provisional agreement for $2.9 billion loan

Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its worst economic crisis in decades.

Reuters

Sri Lanka vs Bangladesh LIVE: Cricket score and updates from Asia Cup

Follow all the action from Dubai International Cricket Stadium

The Independent UK

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Exclusive-Crisis-hit Sri Lanka strikes preliminary loan pact with IMF - sources

Crisis-hit Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a bailout, four sources with direct knowledge of the plan have told Reuters.

Reuters

The many ways of helping Sri Lanka

There is a strong case for greater Indian engagement, especially in certain sectors

The Hindu

Sri Lanka is bankrupt because of the Rajapaksas, says Chandrika Kumaratunga

Sri Lanka’s former President thanks India for aid

The Hindu

Saudi Govt Reviews Regional, Int’l Developments

The Saudi government reviewed on Tuesday the latest regional and international developments. Custodian of the Two Holy Mosques King Salman bin Abdulaziz chaired the meeting that was held at the al-Salam Palace in Jeddah. The ministers reviewed the Saudi Foreign Ministry’s policy work in recent days. They were briefed on…

Asharq Al-Awsat

Sri Lankan Airlines completes first phase of aid airlift

Chennai

The Hindu

Sri Lanka's president to present relief budget amid crisis

Sri Lanka’s government plans to present an amended budget for the year that slashes expenses and aims to provide relief to people hit hard by an economic meltdown

The Independent UK

Japan to coordinate with Sri Lanka creditors to resolve debt crisis

Japan will coordinate with other creditors to resolve Sri Lanka's deepening financial crisis, Finance Minister Shunichi Suzuki said on Tuesday, urging all creditor nations to gather and discuss the South Asian nation's debt at the same table.

Reuters

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Reuters

Sri Lanka in 'final stage' of IMF talks; budget deficit widens

Crisis-hit Sri Lanka unveiled fresh measures on Tuesday in an interim budget aimed at clinching a bailout package from the International Monetary Fund, talks for which, the president said, had reached the "final stage".

Reuters

Last handful of fish: Crisis pushes more Sri Lankans into poverty

In her outstretched palms, 49-year-old Nilanthi Gunasekera holds her family’s last remaining handful of dried fish – a reminder of Sri Lanka’s worst economic crisis in decades.

The Hindu

Pakistan’s Shaheen Afridi to complete knee rehab in London, likely to make T20 WC squad

Pakistan bowler Shaheen Afridi injured his right knee ligament during a Test match in Sri Lanka last month, and is expected to be fit in time for October’s T20 World Cup

The Hindu

How India looks at the Ukraine and Taiwan crises

Even as Russia’s Ukraine invasion completed six months on August 24, India voted against a Russian m

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Reuters

Sri Lanka's president to cut spending in interim budget

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 of the year, amid discussions with the International Monetary Fund on a bailout package.

The Guardian - AU

India accuses China of ‘militarisation of the Taiwan Strait’ as row over navy vessel grows

Accusation is reportedly the first time the Indian government has used the descriptor and comes as tensions rise over Sri Lanka port visit

Asharq Al-Awsat

Saudi Crown Prince Receives Written Message from President of Sri Lanka

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, received on Sunday a written message from President of Sri Lanka Ranil Wickremesinghe, reported the Saudi Press Agency. The message tackled bilateral relations that connect the two friendly countries and peoples and means to develop them in…

The Guardian - UK

Sam Popham obituary

Other lives: Founder of the Popham Arboretum who nurtured an area of rich forest in Sri Lanka

The Hindu

Six Indian fishermen from Rameswaram arrested by Sri Lankan Navy

The Federation of All Mechanised Boats Fishermen Associations has called for a one day strike on Monday

The Hindu

In a first, India refers to ‘militarisation’ of Taiwan Strait by China

Remarks come amid spat with China over docking of ship in Sri Lanka

The Hindu

Morning Digest | Indian mission in Sri Lanka slams Chinese Ambassador’s remarks on vessel visit; CWC to meet today to discuss party poll schedule; and more

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