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The Latest Breaking News from Ranil Wickremesinghe

Sri Lanka cabinet moves to clip President Rajapaksa’s powers

Cabinet approves amendment to the constitution in a move to appease protesters calling for Gotabaya Rajapaksa to quit.

Al Jazeera

India has really helped us during this crisis: Ranil Wickremesinghe

Sri Lanka’s new PM sounds surprisingly upbeat in possibly the toughest assignment of his long political career

The Hindu

Sri Lanka's economic crisis has turned into a national emergency, and its people are now calling for help to save lives

Sri Lanka's economic collapse is forcing people all over the country to find unconventional ways to survive. The unique unravelling of a once-middle-income nation has dramatically reshaped how people on the ground are living.

ABC News

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In Sri Lankan crisis, a window of economic opportunity

The fruition of the idea of a Sri Lanka-south India single market sub-region can boost growth across the Palk Strait

The Hindu

Lazard, Clifford Chance reach Sri Lanka to advise on debt restructure - PM

Representatives from heavyweight financial and legal advisers Lazard and Clifford Chance arrived in Sri Lanka to kick off the restructuring of over $12 billion in debt, the island nation's prime minister said on Tuesday.

Reuters

Sri Lanka gives public workers extra day off to grow food

Sri Lanka has approved a four-day work week for public sector workers to help them cope with a chronic fuel shortage and encourage them to grow food, the government said on Tuesday, as it struggles with its worst financial crisis in decades.

Reuters

Sri Lanka needs a currency board

The war in Ukraine has generated an economic tidal wave that is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food and fuel prices have supercharged a downward spiral that was already under way.

Bangkok Post

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The AP Interview: Sri Lanka PM says he's open to Russian oil

Sri Lanka’s prime minister says he may be compelled to buy more oil from Russia as he hunts desperately for fuel to keep the country running

The Independent UK

Restoration: On Sri Lanka’s return to parliamentary democracy

Sri Lanka will be well served by a return to parliamentary democracy

The Hindu

Sri Lanka tycoon Dhammika Perera to replace president's brother in parliament

One of Sri Lanka's richest businessmen will replace the president's brother in parliament, a ruling party official said on Friday, as the cash-strapped country moves forward on talks for a bailout plan with the International Monetary Fund (IMF).

Reuters

Willing to work with India to help Sri Lanka, says China

New Delhi has made great efforts to help Colombo: Beijing

The Hindu

Brothers at odds, but ruling family still holds key to Sri Lanka's future

It was the moment when two brothers who had dominated Sri Lanka's politics for nearly 20 years finally went their separate ways.

Reuters

Sri Lankan PM requests patience as UN calls for relief funds

Sri Lanka’s prime minister says the United Nations has arranged a worldwide public appeal seeking help for the island nation’s food, agriculture and heath sectors amid serious shortages caused by its worst economic crises in recent memory

The Independent UK

Crisis-hit Sri Lanka needs $5 billion, help from China for essentials

Sri Lanka will need $5 billion over the next six months to ensure basic living standards, and is renegotiating the terms of a yuan-denominated swap worth $1.5 billion with China so as to fund essential imports, the prime minister said on Tuesday.

Reuters

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The Independent UK

BC-AP News Digest 3 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Sri Lanka holds its breath as new PM fights to save economy

It has been nearly three weeks since Ranil Wickremesinghe took over as prime minister of Sri Lanka with a daunting mandate to pull the crisis-weary country from the brink of an economic abyss that threatens to tear it apart

Reuters

Sri Lanka seeks to secure $5 billion in funds for import payments

Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, and another $1 billion to bolster its foreign reserves, the prime minister's office said on Thursday.

The News Lens

Why Young Protesters in Sri Lanka Are Wary of Traditional Politics

Sri Lanka is facing one of the worst economic crises in recent decades, triggering public anger and mass protests, which have fostered unity across ethnic and religious lines.

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Tribune News Service

Sri Lanka opposition leader says stability needs new mandate

Sri Lanka needs a new government to tackle its economic crisis, according to the leader of the main opposition party, as its prime minister proposed a system to make the nation’s president and cabinet more accountable.

The Independent UK

Sri Lanka PM invites protesting youth to join governance

Sri Lanka’s prime minister says protesting youth groups will be invited to be part of governance under political reforms he is proposing to solve the country’s political crisis triggered by an economic collapse

Reuters

Sri Lanka PM proposes to make president, cabinet answerable to parliament

Sri Lanka's Prime Minister Ranil Wickremesinghe said on Sunday his government was working on amending the constitution to make the president and cabinet accountable to parliament.

The Independent UK

Sri Lanka PM stresses urgency for economic reform plan

Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund

Dynamite News

Sri Lanka: PM Ranil Wickremesinghe appointed Finance Minister by Prez Gotabaya

Sri Lanka's Prime Minister Ranil Wickremesinghe was appointed Finance Minister of the debt-ridden country on Wednesday by President Gotabaya Rajapaksa. Full story on Dynamite News:

The Independent UK

Sri Lanka's prime minister tackles thorny finances, economy

Sri Lanka’s new Prime Minister Ranil Wickremesinghe has been sworn in as finance minister as this Indian ocean island nation confronts its worst economic crisis in memory

Reuters

Sri Lanka prime minister retains finance minister portfolio

Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday, and will lead talks with the International Monetary Fund (IMF) for a bailout for the crisis-hit nation.

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