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The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Between May and June 2024, heavy monsoon rains in Sri Lanka would lead to flash floods, mudslides, and falling trees across the western and southern parts of the island. [1] The floods killed at least 16 people and affected 20 out of the country's 25 districts , with some areas reporting over 400 mm (16 in) of rain.
The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. Sri Lanka's ...
The 2022 Sri Lankan political crisis was a political crisis in Sri Lanka due to the power struggle between President Gotabaya Rajapaksa and the people of Sri Lanka. It was fueled by the anti-government protests and demonstrations by the public due to the economic crisis in the country .
President Dissanayake dissolves the current Parliament of Sri Lanka and calls for snap parliamentary elections in November 2024. [121] [122] [123] 26 September – Sri Lanka batsman Kamindu Mendis becomes the first-ever player to score fifty-plus scores in eight consecutive Test matches in history. [124]
'Operation Justice') is an ongoing anti-drug operation conducted by the Sri Lankan Police following directives from the Ministry of Public Security. [1] Starting from 17 December 2023, the police, the Special Task Force and the Sri Lankan Army carried out islandwide raids with 38,525 suspects being arrested as of 17 January 2024. [ 2 ]
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.
Gotabaya Rajapaksa, a Sri Lankan politician and former military officer who served as the 8th president of Sri Lanka from 2019 to 2022, initiated a self-imposed exile on 13 July 2022, following widespread protests led by civilians demanding his resignation, triggered by extensive discontent over his handling of the country's economic crisis.