IMF bailout
New terrorism bill Sri Lanka Rights groups express concern over proposed anti-terrorism bill in Sri Lanka

Sri Lanka’s latest anti-terror legislation gives greater powers to law enforcement agencies, which human rights groups fear will be used to suppress the democratic rights of citizens

Police try to control the people gathered at a free flour distribution centre in Pakistan Pakistan’s food crisis continues, 11 die in stampedes

As inflation in Pakistan crosses 47%, panic has set in among the people. Food prices have soared for the eleventh consecutive month, with shortages of several basic commodities being reported

Sri Lanka privatization Workers launch strike against privatization of Sri Lanka’s state-run petrol corporation

The government’s program to divest from state-run enterprises like the Ceylon Petroleum Corporation (CPC) and Ceylon Electricity Board (CEB) are parts of managing state expenditure as per the IMF’s conditions

Sri Lanka IMF bailout Sri Lanka secures its 17th IMF bailout package of USD 3 billion

The bailout package for Sri Lanka under IMF’s Extended Fund Facility (EFF) has been in the pipeline after the country defaulted on its foreign debt last April

Sri Lanka protest Thousands of workers observe nationwide strike against increased taxation in Sri Lanka

Over 40 trade unions have announced a nationwide strike against the new income tax policy that has doubled taxation and increased the cost of living in Sri Lanka