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  1. Apr 17, 2022 · 17 April 2022. Lady Ridgeway hospital is one of Sri Lanka's biggest healthcare facilities for children. By Rajini Vaidyanathan. BBC South Asia correspondent, Colombo. Doctors across Sri...

    • ‘Nightmarish Situation’
    • Drug Shortages
    • Emergency

    Unable to pay for imports, including fuel and medicines, the government has resorted to electricity cuts and asked India and China to help pay for essentials. It is also seeking a bailout from the International Monetary Fund (IMF). Doctors say the power cuts and the medicine shortages have created “a nightmarish situation”. In the central Nuwar Eli...

    Doctors have also raised the alarm over shortages of critical drugs streptokinase and tenecteplase, used to treat heart attacks and strokes. “If you go to a hospital with a heart attack now, the chances of you dying is much higher than a few months ago,” said Dr Lakkumar Fernando, president of the Association of Medical Specialists. “All hospitals ...

    Sri Lankan doctors say this is neither a “sound” nor a “sustainable” policy. In a letter addressed to the president on April 7 and made public on Sunday, the Sri Lanka Medical Association (SLMA) contended that “what is considered non-emergency situations could turn into life-threatening problems within a few hours”. Without urgent replenishment of ...

  2. Apr 4, 2022 · Apr 4, 2022. --- ENDS ---. The $81 billion Sri Lankan economy is on the verge of collapse. India Today explains the economic crisis with the help of five charts.

    • Samrat Sharma
    • DIU
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  3. Feb 27, 2024 · Ben Schlappig. February 27, 2024. 35. SriLankan Airlines has been struggling financially for a long time, but the situation has gotten worse in the past several years, given Sri Lankas economic issues. Everything is pointing to the oneworld airline nearly being grounded, but we’ll see how it plays out….

  4. May 26, 2022 · Sri Lanka is teetering on the verge of total collapse amid an unprecedented crisis triggered by years of economic mismanagement. On Friday, it defaulted on its debts for the first time – the ...

  5. Sri Lanka pins last hopes on IMF,” said a recent headline in the Colombo Times newspaper. The government is in negotiations with the IMF on a bailout plan and Wickremesinghe said June 22 that ...

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  7. May 12, 2022 · Sri Lanka is on the verge of bankruptcy after suspending payment of $7bn of foreign loans it was due to pay this year out of a $25bn due by 2026. Sri Lanka’s total foreign debt stands at $51bn.

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