It has been almost a year and things at the political and economic front still remain volatile. While two provincial assemblies have been dissolved, the IMF programme is still not revived but it seems that the government, having exhausted all its option, has finally succumbed to the global lender’s demands. Monetary tightening alongside administrative measures […] The post Mounting Debt And Lack Of Alternatives Calls For A Debt Restructuring Of Pakistan’s Economy. But Would It Be Possible? appeared first on The Friday Times - Naya Daur.
The island nation of Sri Lanka will reduce the size its army by nearly a third – from approximately 346,000 personnel to 135,000 by next year – and thereafter to 100,000 personnel by 2030, the country’s state minister of defence Premitha Bandara Thennakoon said on Friday. The latest measure comes as the beleaguered country tries […] The post Sri Lanka Cutting Military Size To Manage Financial Crisis appeared first on The Friday Times - Naya Daur.
Sri Lanka Cricket on Monday dropped cricketer Danushka Gunathilaka from all game formats following his Sydney arrest is connection with allegedly sexually assaulting a woman in Australia. “The Executive Committee of Sri Lanka Cricket decided to suspend national player Danushka Gunathilaka from all forms of cricket with immediate effect and will not consider him for […] The post Sri Lanka Drop Cricketer Gunathilaka After Sydney ‘Rape’ Arrest appeared first on The Friday Times - Naya Daur.
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