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Sri Lanka president warns country faces 'great danger' as crisis drags on

Summary by Ground News
Tens of thousands of people overran Rajapaksa's official residence last month over acute shortages of food, fuel and medicines. Sri Lanka was considered a prosperous middle-income country before defaulting for the first time on its foreign debt of US$51 billion. Wickremesinghe has been leading talks with the International Monetary Fund to secure a four-year bailout program.
2 months ago·Colombo, Sri Lanka

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The HinduThe Hindu

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Sri Lanka president warns country faces 'great danger' as crisis drags on

COLOMBO: Sri Lanka faces a "great danger" with fuel shortages sparked by its unprecedented economic crisis set to continue at least till the year's end, President Ranil Wickremesinghe warned Wednesday (Aug 3). The 73-year-old, who was propelled to power last month after his predecessor Gotabaya Rajapaksa w

2 months ago·Singapore
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The Guardian NigeriaThe Guardian Nigeria

Sri Lanka faces ‘great danger’ as crisis drags

Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set to continue at least till the year’s end, President Ranil Wickremesinghe warned Wednesday. The 73-year-old, who was propelled to power last month after his predecessor Gotabaya Rajapaksa was forced to flee the country and resign after months of protests, […]

2 months ago·Nigeria
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Eyewitness NewsEyewitness News

Sri Lanka faces 'great danger' as crisis drags

The country has run out of foreign exchange to finance imports with officials estimating the country urgently needs at least $4 billion to bring in essential goods and address current shortages.

2 months ago·South Africa
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The Daily StarThe Daily Star

Sri Lanka faces ‘great danger’

Sri Lanka faces a “great danger” with fuel shortages sparked by its unprecedented economic crisis set to continue at least till the year’s end, President Ranil Wickremesinghe warned yesterday.

2 months ago·Bangladesh
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The Manila TimesThe Manila Times

Sri Lanka faces 'great danger' as crisis drags

COLOMBO: Sri Lanka faces a "great danger" with fuel shortages sparked by its unprecedented economic crisis set to continue at least until the end of 2022, President Ranil Wickremesinghe warned on Wednesday.The 73-year-old former prime minister, who was propelled to power last month after his predecessor Gotabaya Rajapaksa was forced to flee the South Asian country and resign after months of protests, said the financial meltdown had turned into a…

2 months ago·Manila, Philippines
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