The Reserve Bank of India (RBI) has said a $1 billion credit facility backed by the Indian govt that has been provided to SriLanka to buy essential goods. This can be settled in Indian rupees, outside of the arrangement of the Asian Clearing Union arrangement - Report
Sri Lanka falls into default for the first time ever and warns inflation may surge to 40%, as the government struggles to halt an economic meltdown
Sri Lanka: Thousands line up at filling stations as Minister admits petrol shortage
Police sources say no decision as yet to re-impose the nationwide curfew after it was lifted at 5 am
2 year agoNew Sri Lankan PM Ranil @RW_UNP takes oath infront of President @GotabayaR
2 year agoThe army of Sri Lanka deployed in country's capital, Colombo, amid mass protests and unrest. The army is patrolling the streets and blocking the approaches to the government buldings and the objects of the key infrastructure of the city
Agence France-Presse: Sri Lankan defense orders to shoot protesters
2 year agoLankan Prime Minister Mahinda Rajapaksa resigned earlier today. And this is his house tonight in Kurunegala
US envoy condemns Sri Lanka violence, 78 in hospital
Sri Lankan Prime Minister Mahinda Rajapaksa resigned on Monday, local media reported
2 year agoSri Lanka orders curfew in the capital after clashes between President supporters and opponents, deploying hundrens of troops
Sri Lanka President Rajapaksa declared a state of emergency, the second time in recent weeks, as anti-government protests grow
2 year agoAs emergency law comes into effect from midnight tonight, clashes between security officials and protesters are being reported. Locals living in close proximity to areas that are being tear gassed unable to sleep
2 year agoSriLanka: As the President, Prime Minister & Opposition mull options within and outside Parliament to address the political deadlock, protesters seem determined to continue resisting. "Go home Gota, Go home 225," they chant - scenes from 'Occupy Galle Face', Colombo, April 21
Sri Lanka PM expects police to investigate after anti-government protests turn deadly
US Ambassador to Sri Lanka calls for a full, transparent investigation on the Rambukkana Police shooting, & says people's right to peaceful protest must be upheld
Srilanka @CBSL announces preemptive default on all foreign loans - saying that no debt repayment will be made after 5 pm April 12
Looks like Sri Lanka decided to pause payments, technically going into default. Will explain later, but short story is this is better than crash and communicated well enough. Rating downgrade to SD/RD likely. Imports still work
2 year agoSriLanka: Massive protest at Galle Face, Colombo's iconic seafront leading to the Presidential Secretariat
Man shot-dead in Theldeniya; Four men carried out the murder
Sri Lanka's president has appointed a panel of experts to organise a restructuring of foreign debt as he seeks a way out of a worsening economic crisis, with protests demanding his resignation escalating
UN human rights office urges Sri Lanka to defuse tensions peacefully
2 year agoSri Lanka's president lifts state of public emergency as anti-government protests over economic and energy crises continue
Protestors get to Wimal. Protestors have gathered outside Wimal Weerawansa's house in the outskirts of Colombo
New Sri Lanka finance minister says resigning after one day
Reuters: Sri Lanka's ruling coalition loses majority in parliament amid growing protests
2 year agoMassive protest happening in Galle. Galle- Matara road completely blocked both sides. Use alternative roads
Sri Lanka President Gotabaya Rajapaksa invites all parties in Parliament to join govt
2 year agoConfirmed: Real-time network data show Sri Lanka has imposed a nationwide social media blackout, restricting access to platforms including Twitter, Facebook, WhatsApp, YouTube, and Instagram as emergency is declared amid widespread protests
Sri Lanka declares a state of emergency due to protests against the backdrop of the economic crisis
