Sri Lanka swore in 37 junior ministers, together with two for the crucial finance ministry, the president’s workplace stated on Thursday, in a significant growth of the crisis-hit nation’s authorities. (*37*) island of twenty-two million individuals is dealing with its worst financial turmoil since independence from Britain in 1948. Foreign trade reserves have dropped to … Read more
Sri Lanka’s Foreign Minister Ali Sabry mentioned on Monday a constitutional modification bill trimming presidential powers is anticipated to become law in a few weeks. “The new modification will scale back presidential powers and produce again participatory governance,” Sabry informed reporters on the international ministry. The bill, which would require a two-thirds majority in the … Read more
China on Wednesday praised India for making “nice efforts” to help Colombo to tide over its worst monetary disaster even because it refuted Sri Lankan President Gotabaya Rajapaksa’s remarks that Beijing has shifted its strategic focus from South Asia together with Pakistan to South East Asia, saying the area nonetheless remained its priority. Sri Lanka … Read more