President Gotabaya Rajapaksa has fled Sri Lanka on a military jet. The 73-year-old man flew to the Maldives with his wife and two security guards. As per reports, he will move to a third country instead of staying in the Maldives. President Gotabaya Rajapaksa has fled Sri Lanka on a military jet in the midst … Read more
Sri Lanka’s President removed two of his brothers and a nephew from his Cabinet on Monday, in response to public outrage over the governing family’s mismanagement of a debilitating economic crisis and calls for his resignation. President Gotabaya Rajapaksa has presided over the island nation’s most devastating economic crisis in living memory, and his administration … Read more
COLOMBO: Sri Lanka’s economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the coronavirus pandemic, official data showed on Thursday. The GDP contracted 1.5 per cent on-year in the three months to September, the department of census and statistics said, ending four consecutive quarters of growth. The island’s tourism-dependent economy … Read more
