News:Sri Lankan President is on his first overseas visit to India after taking over as Sri Lanka president. Facts: Key takeaways from the visit: India has announced a line of credit of USD 400 million for development projects in Sri Lanka besides granting a separate fund of USD 50 million to help the country deal… Continue reading India offers $450 million line of credit to Sri Lanka
Tag: sri Lanka
Sri Lanka removed from FATF’s Grey List: Report
News:Sri Lanka has been removed from ‘Grey List’ of Financial Action Task Force(FATF). Facts: Why was Sri Lanka removed? Sri Lanka was removed following the measures taken by the country on financial security When was Sri Lanka added? Sri Lanka was first included in the FATF’s blacklist in 2011 and by 2012 it was listed… Continue reading Sri Lanka removed from FATF’s Grey List: Report
Sri Lanka lifts social media ban imposed after Easter blasts
The Sri Lankan government has lifted a nationwide blanket ban on social media which it had put after the recent devastating Easter Sunday bombings. The government has also the public to share content on social media sites with “utmost responsibility” while bearing in mind the current situation of Sri Lanka The ban on social media… Continue reading Sri Lanka lifts social media ban imposed after Easter blasts
Sri Lanka court stays dissolution, snap elections
Sri Lanka court stays dissolution, snap elections News: Sri Lanka’s Supreme Court (SC) stayed President Maithripala Sirisena’s dissolution of Parliament and restrained the Election Commission from preparing for snap elections. Important Facts: Background: President Sirisena’s on November 9 decided to dissolve Parliament after his party publicly admitted to lacking a majority in the House, heightening… Continue reading Sri Lanka court stays dissolution, snap elections
