Sri Lanka

Colombo Sri Lanka Doctors and bankers were among hundreds of Sri Lankans who marched on Wednesday to demand the government resolve a severe fuel shortage at the heart of the Indian Ocean islands. Proximity to the Indian subcontinent has facilitated close cultural.


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Sri Lanka formerly Ceylon island country lying in the Indian Ocean and separated from peninsular India by the Palk Strait.

. As observed on the physical map above most of Sri Lanka is low-lying and is ringed by almost endless sandy beaches and small irregular lagoons. Sri Lanka is an island country located to the south of the Indian Peninsula in the Indian Ocean and has an area of 65610 sq. 10 hours agoSri Lanka then had to fall back on its foreign exchange reserves to pay off government debt shrinking its reserves.

Today Sri Lanka is a multinational state home to. The coastal areas merge into a flat coastal plain. It is located between latitudes 555 and 951 N and longitudes 7941 and 8153 E and has a maximum length of 268 miles 432 km and a maximum width of 139 miles 224 km.

Sri Lanka currently seeks an immediate 3 million IMF bridge loan and 75 million in foreign currency to pay for essential goods and fuelThe World Bank India and the G7 countries have agreed to aid Sri Lanka in securing debt relief but the IMF maintains that Sri Lanka must raise interest rates and taxes to secure any loan. Sri Lankas more recent history was marred by a 26-year civil war which began in 1983 and ended decisively in 2009 when the Sri Lanka Armed Forces defeated the Liberation Tigers of Tamil Eelam. Gotabaya Rajapaksa who rode the crest of popularity to secure 69 million votes to become the executive president of Sri Lanka in 2019 was deposed on July 9.

The IMF has said Sri Lanka needs to whittle down existing debt to sustainable levels before it can receive any aid. This impacted imports of fuel and other essentials which sent prices soaring. Sri Lankan army soldiers guard a check point outside prime ministers residence a day after clashes between government supporters and anti-government protesters in Colombo Sri Lanka Tuesday May.

Sri Lanka an island nation of 22 million is facing an economic and political crisis with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.


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