Colombo: Sri Lanka’s newly-appointed Finance Minister Ali Sabry resigned on Tuesday, less than 24 hours after his appointment. Sabry said he had accepted the portfolio only as an interim measure, reports Xinhua news agency. He said he was also willing to step down from his parliamentary seat if the President wished to appoint a suitable […]
New Delhi/Columbo: Sri Lanka is reeling under a deep economic crisis as the country’s foreign reserves have been depleted and the Rajapaksa government is struggling to pay for the import of fuel. As a result, there is an acute power shortage in the country and violent protests are being reported. The government has declared an […]