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1 – 7 of 7According to the constitution, the next presidential election must take place in September-October 2024, but parliamentary polls are not due until 2025. Wickremesinghe is heavily…
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DOI: 10.1108/OXAN-DB284210
ISSN: 2633-304X
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Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…
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DOI: 10.1108/OXAN-DB278564
ISSN: 2633-304X
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President Ranil Wickremesinghe, who promised to deliver the amendment, assumed office in July amid a wave of protests that forced his predecessor Gotabaya Rajapaksa to resign. As…
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DOI: 10.1108/OXAN-DB273767
ISSN: 2633-304X
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The Election Commission of Sri Lanka (ECSL) confirmed on February 24 that the polls would not be held on March 9 as planned. A day earlier, President Ranil Wickremesinghe claimed…
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DOI: 10.1108/OXAN-DB276375
ISSN: 2633-304X
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SRI LANKA: Risks to banks will increase
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DOI: 10.1108/OXAN-ES268335
ISSN: 2633-304X
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Some observers have raised doubts about the solvency of Sri Lanka's banks amid the country's deepening foreign exchange (forex) crisis. Forex reserves stood at USD2.3bn at…
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DOI: 10.1108/OXAN-DB268315
ISSN: 2633-304X
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Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…