Economic Crisis
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Aaj Ki Baat: Pakistan's economic crisis worsen, Citizens fought for flour | Shehbaz Sharif
Aaj Ki Baat | Jan 10, 2023, 11:37 PM ISTPakistan is going through a huge economic crisis. The crisis appears to be deepening as citizens were seen fighting for flour in Lahore.
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UK's Liz Truss says she'll slash taxes despite economic crisis
World | Sep 20, 2022, 09:32 PM ISTUK PM Truss had already announced a cap on household energy bills which means average costs for heating and electricity will be no more than 2,500 pounds ($2,872) a year, far less than has been forecast.
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Sri Lanka imports 600,000 metric tonnes of substandard rice due to chemical fertiliser ban: Minister
World | Sep 01, 2022, 04:17 PM ISTSri Lanka economic crisis: Last year, the government of former president Gotabaya Rajapaksa put a blanket ban on imports of chemical fertilizers, pesticides, and herbicides, to encourage organic farming.
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IMF provisionally agrees on USD 2.9 billion loan for crisis-hit Sri Lanka
World | Sep 01, 2022, 12:59 PM ISTIMF staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about 2.9 billion US dollars.
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IMF meets Sri Lankan President to begin talks for bailout package
World | Aug 24, 2022, 09:08 PM ISTSri Lanka economic crisis: In its latest assessment, the World Bank has said that Sri Lanka has been ranked 5th with the highest food price inflation in the world.
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Sri Lanka bans import of 300 items of consumer goods to stabilise economy
World | Aug 24, 2022, 04:14 PM ISTIn a special notification issued by the Sri Lankan finance ministry, the ban was imposed on a total of 300 items including chocolates, perfumes, makeup, and shampoo among several other products.
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Sri Lanka's hard economic times would last another year: President Wickremesinghe
World | Aug 06, 2022, 02:45 PM ISTSri Lanka Crisis: Ranil Wickremesinghe said that over 6 million of the 21 million population of the country are malnourished. More and more are unemployed.
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Sri Lanka anti-govt protesters say would defy order to vacate main protest site and adjacent areas
World | Aug 04, 2022, 03:57 PM ISTProtestors claimed that the area was designated as an agitation site by the previous government of former President Gotabaya Rajapaksa, so there was no need to quit the protest site.
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'No home to go', says Sri Lankan President Wickremesinghe amid threats from protestors
World | Aug 01, 2022, 09:30 AM ISTSri Lanka crisis: Wickremesinghe urged all political parties to come together to take the country out of the economic mess and repay the debt.
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Sri Lanka crisis: Ranil Wickremesinghe urges parties to find ways to repay loans
World | Dec 16, 2022, 03:39 PM ISTSri Lanka crisis: He further said that there is no point in blaming former president Gotabaya Rajapaksa for the economic crisis but rather urged all political parties to come together to take the country out of the economic mess and repay the debt.
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Sri Lanka crisis: No new financing until 'adequate' macroeconomic policy in place, says World Bank
World | Jul 29, 2022, 03:52 PM ISTThe island nation of 22 million is in the midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials. “Until an adequate macroeconomic policy framework is in place, the World Bank does not plan to offer new financing to Sri Lanka,” it said in a statement.
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Sri Lanka crisis: Presidential Secretariat resumes operations after 100 days
World | Jul 25, 2022, 02:40 PM ISTSri Lanka crisis: The presidential secretariat which was occupied by the protesters from July 9 till Friday last is re-opened and the staff reported to work on Monday, officials said.
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Sri Lanka crisis: Late-night clampdown on protestors, Galle Face protest site barricaded | VIDEO
World | Jul 22, 2022, 07:24 AM ISTSri Lanka economic crisis: The armed soldiers were deployed in a bid to control the protestors who have been protesting against the new Sri Lankan President Ranil Wickremesinghe outside the premises of the Sri Lankan Presidential Secretariat.
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Sri Lanka crisis: President Wickremesinghe says he is not a 'friend' of Rajapaksa
World | Jul 21, 2022, 01:37 PM ISTSri Lanka crisis: Wickremesinghe was on Wednesday elected as Sri Lanka's President by lawmakers and sworn in on Thursday as the 8th president.
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Ranil Wickremesinghe elected new Sri Lankan President
World | Jul 20, 2022, 02:28 PM ISTSri Lanka president election: Wickremesinghe, Dullas Alahapperuma and Anura Kumara Dissanayake were proposed by lawmakers on Tuesday as the three candidates for the presidential election.
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Sri Lanka’s political turmoil sows worries for recovery
India | Jul 20, 2022, 04:30 AM ISTSri Lankan parliament is expected to elect a new president Wednesday, paving the way for a fresh government, but it is unclear if that’s enough to fix a shattered economy and placate a furious nation of 22 million that has grown disillusioned with politicians of all stripes.
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Sri Lanka: Ranil Wickremesinghe, Dullas Alahaperuma, Anura Kamara to contest for President Election
World | Jul 19, 2022, 12:06 PM ISTSri Lanka crisis: On Monday, Sri Lankan Members of Parliament from the ruling party Sri Lanka Podujana Peramuna (SLPP) complained of receiving threat messages on social media.
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Sri Lanka Crisis: 'State of Emergency' declared by Acting President Ranil Wickremesinghe
World | Jul 18, 2022, 09:11 AM ISTSri Lanka Crisis: The government gazette number 2288/30 dated July 17 was issued Monday morning. The 225-member Parliament is expected to elect the new president on July 20.
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After Sri Lanka economic crisis, a dozen countries could share the same fate | Here's why
World | Jul 18, 2022, 06:21 AM ISTSri Lankan economic crisis: Amid the Russia-Ukraine war, which also serves as another factor of the debts, oil prices have jumped. The exports have been cut off majorly amid the war, resulting in rising in food prices across developing countries.
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Who can be the next President of Sri Lanka? DETAILS
World | Jul 16, 2022, 06:31 AM ISTSri Lanka Crisis: The only time when Sri Lanka's presidency became vacant mid-term was in 1993 after the assassination of then-president Ranasinghe Premadasa.