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The South Asian country of 21 million lifted its coronavirus lockdown in late June after declaring there was no longer any community spread of the virus.
The suicide bombings on churches and luxury hotels on Easter Sunday in Sri Lanka - in which nearly 360 people died - now threatens the economy of the island nation that is largely dependent on tourism.
Rajapaksa took oath before his younger brother, President Gotabaya Rajapaksa, at a prominent Buddhist temple on the outskirts of the capital Colombo.
The navy of the Indian Ocean island nation confirmed one crew member from the MT New Diamond had died "in a boiler explosion.” The fire that started Thursday in an engine room boiler injured one other crew member.
Irfan Iqbal Shiekh feared that a serious law and order situation might emerge in the event of any fuel shortages for transportation and electricity generation.
The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle record high domestic inflation and to contain any build-up of underlying demand, it said.
Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout.
Sri Lanka will need about $3 billion in external assistance in the next six months to help restore supplies of essential items including fuel and medicine, its finance minister told Reuters on Saturday.
Sri Lanka’s finance minister said that its neighbour India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports.
Cash-strapped Sri Lanka announced on Tuesday it would sell long-term visas to attract desperately needed foreign currency after the island nation ran out of dollars to pay even for food and fuel.