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Sri Lankan PM agrees to resign Protestors stormed the Sri Lankan PM’s official residence in Colombo, as a result, his office disclosed on Saturday that PM Ranil Wickremesinghe has got agreed to resign. Law enforcement agencies including police and soldiers got failed to control the protestors who were also demanding the resignation of President Gotabaya […]
Running out of money Sri Lanka raised interest rates one percentage point, the second massive increase in the last three months. The central bank of Sri Lanka has already warned about the recession and 80% inflation as well. After the release of last month’s inflation data which indicates inflation at a record high of 54.6%, […]