Sri Lanka, which is facing an economic crisis, announced on Tuesday that it will not repay the foreign debt of $ 51 billion. To repay this, Sri Lanka is waiting for a relief package from the International Monetary Fund (IMF).
According to Sri Lankan Central Bank Governor P. Nandalal Weerasinghe, the decision has been taken to temporarily stop the payment of foreign debt. Weerasinghe said – It is challenging and impossible for the country to pay the debt. This is the right decision at this time.
The finance ministry said the lending countries and other lenders can charge interest on their loans or withdraw the loan money in Sri Lankan rupees from Tuesday afternoon. We are left with limited foreign exchange reserves, which we will use to import essential commodities like fuel. This means that Sri Lanka is no longer in a position to pay in dollars.
Big Updates of Sri Lanka Crisis…
India sent 11,000 metric tonnes of rice to Sri Lanka on Tuesday. Last week itself, India sent 16,000 metric tonnes of rice to Sri Lanka.
India has so far supplied over 2,70,000 metric tonnes of fuel to Sri Lanka.
Police fired tear gas shells on protesting students, farmers would soon get fertilizer subsidy
With the deepening of the economic crisis in Sri Lanka, people's protests are becoming fierce. On the other hand, the government is also using force against the protesters. Hundreds of students protesting in the capital Colombo on Monday fired tear gas shells. These students were marching toward the Sri Lankan Parliament.
Sri Lankan Prime Minister Mahinda Rajapaksa has announced that he will reinstate the fertilizer subsidy for farmers. Due to the deepening of the economic crisis, the government announced a ban on many facilities and subsidies.
11 parties meeting with the President inconclusive
President Gotabaya spoke to a coalition of 11 parties for a united coalition government. The meeting discussed the removal of Prime Minister Mahinda Rajapaksa and the formation of a new cabinet. However, this meeting ended in vain.
Opposition taunt the government
The opposition is leaving no chance to taunt the government. Leader of the Opposition Sajith Premadasa alleges that the people had given the President full time to fulfill their needs, but due to his economic policies, the problems increased.
PM Mahinda addressed the nation
Prime Minister Mahinda Rajapaksa, while addressing the country, blamed the economic problems on Corona. He said – Due to the Corona epidemic, the economy of our country was shaken. Despite this, we had to impose a lockdown, due to which the foreign currency reserve of the country was exhausted. I and the President are trying every moment to get the country out of this crisis.
People are in bad condition due to pollution in Delhi NCR. The government has also implemented th
Bhajanlal Bhaiya came to Agra in the year 1990. Sister Gaura's marriage was fixed. As soon as Bha
India's veteran spinner Ravichandran Ashwin surprised everyone by suddenly retiring on Wednesday.
Maulana Shahabuddin Razvi, President of All India Muslim Jamaat, has strongly objected to cricket
A fire broke out in a skyscraper in China on Friday. Flames are seen emanating from dozens of flo
Parliament Security Breach: Special Cell confronted the accused, their custody is ending today
All the six accused who had breached the security of Parliament House were made face to face. The
Trinamool Congress (TMC) MP Mahua Moitra has been accused of taking money to ask questions in Par
Amazon Deal: Apple Watch is the most useful because of this very special feature
Apple Watch Series 7 On Amazon: If you want to buy Apple Smart Watch for yourself, your partner,
Palestine: Who runs Palestine, what are the political parties here? Know his relationship with Hamas
After the attack on Israel, the Palestinian terrorist organization Hamas has become a topic of di
Earthquake tremors were felt in Tajikistan on Thursday morning. The United States Geological Surv