Economic Crisis Threatens Hold of Sri Lanka’s Most Powerful Family

Canada News News

Economic Crisis Threatens Hold of Sri Lanka’s Most Powerful Family
Canada Latest News,Canada Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

The Rajapaksa family has dominated Sri Lankan politics for much of the past two decades, but a deepening economic crisis is threatening their grip on power

Protesters are calling for the resignation of President Gotabaya Rajapaksa, whose family has run the country for much of the past two decades

Sri Lankan President Gotabaya Rajapaksa, left, and Prime Minister Mahinda Rajapaksa in Parliament in Colombo.COLOMBO, Sri Lanka—Sri Lanka’s politics have been dominated for much of the past two decades by a single family. Now a deepening economic crisis is threatening the Rajapaksa clan’s grip on power.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Herculean task': Sri Lanka seeking $3B to stave off economic crisis'Herculean task': Sri Lanka seeking $3B to stave off economic crisisThe Sri Lankan government is seeking a further further $500 million from India for fuel purchases as authorities seek to ensure normal supply of essentials.
Read more »

EXCLUSIVE Sri Lanka seeking $3 billion in months to stave off crisis - finance ministerEXCLUSIVE Sri Lanka seeking $3 billion in months to stave off crisis - finance ministerSri Lanka will need about $3 billion in external assistance within the next six months to help restore supplies of essential items, including fuel and medicines, to manage a severe economic crisis, its finance minister said on Saturday.
Read more »

Social Turmoil Is Sri Lanka's Biggest Risk, Ex-World Bank Official Says of Economic CrisisSocial Turmoil Is Sri Lanka's Biggest Risk, Ex-World Bank Official Says of Economic CrisisIn the past week, protesters and opposition parties alike have called for the resignation of Prime Minister Mahinda Rajapaksa.
Read more »

Sri Lanka opposition to govt: Resolve economic crisis or face no-trust voteSri Lanka opposition to govt: Resolve economic crisis or face no-trust voteThe heavily indebted country has little money left to pay for imports, which has led to crippling shortages of fuel, power, food, and increasingly, medicines.
Read more »

Social Turmoil Is Sri Lanka's Biggest Risk, Ex-World Bank Official Says of Economic CrisisSocial Turmoil Is Sri Lanka's Biggest Risk, Ex-World Bank Official Says of Economic CrisisIn the past week, protesters and opposition parties alike have called for the resignation of Prime Minister Mahinda Rajapaksa.
Read more »

Sri Lanka opposition to govt: Resolve economic crisis or face no-trust voteSri Lanka opposition to govt: Resolve economic crisis or face no-trust voteThe heavily indebted country has little money left to pay for imports, which has led to crippling shortages of fuel, power, food, and increasingly, medicines.
Read more »



Render Time: 2025-03-09 16:13:44