Topic: Sri lanka

IMF Approves Sri Lanka’s Third Bailout Review

The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s $2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the...

November 25, 2024

Sri Lanka Celebrates 76th Independence Day

On 4th February, 2024, Sri Lanka celebrated 76th Independence Day. Sri Lanka got independence from British rule on February 4, 1948. This day holds immense significance for the...

February 4, 2024

Hai Yang 24 Hao: Chinese Warship’s Colombo Visit Raises Diplomatic Queries

A Chinese naval vessel, ‘Hai Yang 24 Hao,’ arrived in Colombo Port on August 10 for a formal visit, scheduled to dock until August 12. This visit comes...

August 12, 2023

International Covenant on Civil and Political Rights (ICCPR) Act

The International Covenant on Civil and Political Rights (ICCPR) is a significant international treaty that upholds the civil and political rights of individuals. It was adopted by the...

June 8, 2023

India’s First International Cruise Vessel

India’s first international cruise vessel, MV Empress, embarked on its maiden voyage from the city of Chennai. The departure ceremony was graced by the presence of Union shipping...

June 7, 2023

Sri Lanka’s State Owned Enterprise Reform Policy

Sri Lanka has recently given the green light to the reorganization of its state-owned enterprises, with the goal of enhancing government finances and expediting the country’s economic revival....

May 18, 2023

India-Sri Lanka Bilateral Maritime Exercise – SLINEX-2023

SLINEX-2023 is the 10th edition of the annual India-Sri Lanka Bilateral Maritime Exercise. The exercise is aimed at improving mutual understanding, enhancing interoperability, and exchanging best practices/procedures in...

April 4, 2023

What are IMF Bailouts?

The International Monetary Fund (IMF) is an international organization that provides financial assistance to member countries facing economic crises. The organization works towards maintaining international monetary cooperation, promoting...

March 31, 2023

IMF’s $3 Billion Bailout Programme for Sri Lanka

On March 20, the International Monetary Fund (IMF) cleared a $3 billion-Extended Fund Facility (EFF) for Sri Lanka, aimed at restoring macroeconomic stability, safeguarding financial stability, and unlocking...

March 23, 2023

“Geoffrey Bawa: It is Essential To be There” Exhibition

India’s External Affairs Minister, S Jaishankar, inaugurated the “Geoffrey Bawa: It is Essential To Be There” exhibition at the National Gallery of Modern Art in New Delhi on...

March 18, 2023