Ranil Wickremesinghe

Sri Lanka reaches deal on debt restructuring with bilateral creditors including China and France

Sri Lanka’s President Ranil Wickremesinghe has announced a debt restructuring deal with countries including India, France, Japan and China in a televised address to the nation.

Sri Lankan president says he is seeking to defer loan payments until 2028 amid economic crisis

Police in Sri Lanka use tear gas to disperse opposition protest against dire economic conditions

Sri Lanka passes bill allowing government to remove online posts and legally pursue internet users

Sri Lankan president vows to strengthen provincial governments to share power with Tamil minority

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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.

French President Macron visits his counterpart in Sri Lanka

French President Emmanuel Macron is visiting his Sri Lankan counterpart in the first visit by a French leader to the Indian Ocean island nation.

Sri Lankan president’s visit to India signals growing economic and energy ties

Sri Lanka and India have signed a slew of energy, development and trade agreements, signaling the growing economic ties between the two neighboring countries.

Sri Lankan Parliament votes to support IMF recovery program

COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament voted Friday to support the implementation of a four-year International Monetary Fund program aimed at solving the country’s economic crisis and reducing its debt burden.

Sri Lanka seeks $17 billion debt reduction by restructuring

Sri Lanka’s president has asked its parliament to approve a four-year International Monetary Fund program to reduce the country’s debt by $17 billion though restructuring.

Sri Lanka leader says IMF deal imminent after China’s pledge

Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon.

Sri Lankan leader appeals for patience amid economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president on Wednesday appealed for patience amid the country’s worst economic crisis but promised brighter times ahead.

Sri Lanka marks independence anniversary amid economic woes

Sri Lanka has marked its 75th independence anniversary as a bankrupt nation, with many citizens angry, anxious and in no mood to celebrate.

Sri Lanka leader suspends parliament until policy address

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president suspended Parliament until Feb. 8, when he said he would announced a new set of long-term policies to address a range of issues including an unprecedented economic crisis that has engulfed the Indian Ocean nation for months.

India backs Sri Lanka to secure IMF bailout plan amid crisis

COLOMBO, Sri Lanka (AP) — India’s foreign minister said Friday his country has given financial assurances to the International Monetary Fund to facilitate a bailout plan to help neighboring Sri Lanka emerge from its worst economic crisis, in a first formal announcement from one of the island nation’

Relaxed COVID rules, deadly crowd crushes mark year in Asia

Natural disasters and crowd-related tragedies claimed hundreds of lives in Asia and overshadowed the COVID-19 pandemic, with most countries easing or completely lifting the tough restrictions of the previous two years.

Sri Lanka aims to hike taxes in budget to soften crisis

Sri Lanka’s president has proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis.

Sri Lanka begins crucial debt restructuring talks with China

Sri Lanka’s government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from a severe economic crisis.

Sri Lanka refuses international human rights investigation

COLOMBO, Sri Lanka (AP) — Sri Lanka will not accept any international investigation imposed by the U.N.

Sri Lanka’s president says IMF talks nearing successful end

Sri Lanka’s president says his bankrupt country’s talks with the International Monetary Fund for a rescue package have successfully reached final stages as he presented an amended budget that seeks to tame inflation and hike taxes.

Rights group says Sri Lanka harassed, intimidated protesters

COLOMBO, Sri Lanka (AP) — An international human rights group says Sri Lanka’s government is using emergency laws to harass and arbitrarily detain protesters who are seeking political reform and accountability amid the island country’s economic crisis.

Sri Lanka leader proposes 25-year plan for crisis-hit nation

Sri Lanka’s new president says his government is preparing a national policy roadmap for the next 25 years that aims to cut public debt and turn the country into a competitive export economy as it seeks a way out of its worst economic disaster.

Sri Lankan president says COVID-19 cases are rising again

COLOMBO, Sri Lanka (AP) — COVID-19 cases and deaths are rising in Sri Lanka, and citizens should receive a fourth vaccine dose to prevent a possible surge of the coronavirus, the president said Tuesday.

Sri Lankans bide time as leaders seek fix for economic woes

Sri Lankans have endured months of fuel and food shortages. Now they are bracing for more pain as their newly appointed leaders scramble to find solutions to the South Asian country’s economic emergency.

Sri Lanka leader says IMF agreement pushed back after unrest

Sri Lanka’s president says an agreement with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis has been pushed back to September because of unrest over the past weeks.

Sri Lanka’s Parliament approves state of emergency

COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament on Wednesday approved a state of emergency that had been declared by President Ranil Wickremesinghe as his government cracks down on demonstrators it accuses of violence while trying to find a way out of the country’s worst economic crisis.

Rights groups urge Sri Lanka not to use force on protesters

International human rights groups have urged Sri Lanka’s new president to immediately order security forces to cease use of force against protesters after troops and police cleared their main camp following months of demonstrations over the country’s economic meltdown.

Sri Lanka president gets long-sought win, faces challenges

Sri Lanka’s new president has always aspired to the pinnacle of power, enduring setback after setback but managing to recover from seemingly impossible defeats.

New Sri Lankan president sworn in, police clear protest site

Veteran politician Ranil Wickremesinghe has been sworn in as Sri Lanka’s new president to take charge of a nation bitterly angry he was chosen amid an unprecedented economic crisis.

Election of unpopular Sri Lankan PM invites more turmoil

Sri Lankan lawmakers have elected the unpopular prime minister as their new president. Wednesday’s choice risked reigniting turmoil in the South Asian nation reeling from economic collapse and months of round-the-clock protests.

New Sri Lankan president divisive choice for fixing crisis

Sri Lanka’s prime minister has been elected president by lawmakers who opted for a seasoned, veteran leader to lead the country out of economic collapse.

Sri Lanka lawmakers to pick new president among PM, 2 rivals

Sri Lanka’s prime minister and acting president Ranil Wickremesinghe faces two rivals in a parliamentary vote on who will succeed the ousted leader who fled the country last week.

Sri Lanka acting president declares emergency amid protests

Sri Lanka’s acting president has declared a state of emergency that gives him broad authority amid growing protests demanding his resignation two days before lawmakers choose a new president.

Sri Lanka switches venues for 2nd cricket test vs Pakistan

GALLE, Sri Lanka (AP) — Logistical challenges caused by Sri Lanka’s economic and political crisis forced cricket organizers to move the second cricket test against Pakistan from Colombo to Galle.

A brief history of the rise, fall of Sri Lanka’s president

Before he fled Sri Lanka on Wednesday, President Gotabaya Rajapaksa was the last of six members of the country’s most influential family still clinging to power.

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