Ranil Wickremesinghe News
Maithripala Sirisena not running for Sri Lanka presidency
The deadline to make the deposits ended at 12 noon on Sunday and Sirisena was not among the 41 candidatesA record 41 candidates representing different political parties and independent groups have placed cash deposits for the election
1 min read6 Oct 2019Sri Lanka PM Wickremesinghe says there is possibility of more attacks
Wickremesinghe acknowledged there was a prior warning, and said India’s embassy was eyed as a possible targetThe toll from the coordinated bombings at churches, luxury hotels and other sites now stands at 321 dead and 500 wounded
1 min read23 Apr 2019Sri Lanka says has $300 million loan offer from Bank of China, may increase to $1 billion
Eran Wickramaratne also confirmed that Sri Lanka had started negotiations to increase the amount of a swap deal with the Reserve Bank of India (RBI) to $1 billion, up from a previously negotiated $400 million.
1 min read15 Jan 2019India happy as ousted Sri Lanka PM Ranil Wickremesinghe reinstalled
India said it’s a reflection of the maturity shown by political forces and also of the resilience of its democracy
2 min read17 Dec 2018Sri Lanka’s sacked PM Ranil Wickremesinghe wins confidence vote
Ranil Wickremesinghe received 117 votes in favour in the 225-member legislative body
2 min read12 Dec 2018Fitch, S&P downgrade Sri Lanka as political crisis dents confidence
Fitch and S&P cut their ratings by one notch to B from B+, following Moody’s, which downgraded the island nation on November 20
2 min read4 Dec 2018What Sri Lanka’s political turmoil means for India
President Maithripala Sirisena, former president Mahinda Rajapaksa and ousted prime minister Ranil Wickremesinghe are the key figures in this political drama
2 min read20 Nov 2018Brawl in parliament shows Sri Lanka descending into chaos
The political turmoil has also roiled Sri Lanka’s bonds and currency, which were already dropping to fresh lows. The island nation’s rupee fell to a new low of 176.80 per dollar today
3 min read15 Nov 2018Sri Lanka parliament sacks Rajapakse
The island nation has been in crisis since the president sacked prime minister Ranil Wickremesinghe on October 26 and replaced him with Rajapakse
2 min read14 Nov 2018Sri Lanka’s Supreme Court thwarts President Sirisena’s snap election plan
The Supreme Court’s order means that Sri Lanka’s parliament will reconvene on 14 November as earlier decided by the president
1 min read13 Nov 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared