‘Sri Lanka has released half of war-displaced’

Sri Lanka has released more than half of the thousands of displaced civilians held in government camps after the end of the country’s ethnic conflict earlier this year, a minister said Friday. "We feel the security situation has eased considerably now to allow people to return to their homes," Human Rights minister Mahinda Samarasinghe told… Continue reading ‘Sri Lanka has released half of war-displaced’

SLanka’s ex-army chief vows to ‘restore’ democracy

Sri Lanka’s former top military officer who resigned last week promised on Friday to "fight for democracy" amid reports he will challenge the president at upcoming elections. General Sarath Fonseka, who quit as chief of defence staff following a spat with President Mahinda Rajapakse, said he was committing himself to restoring the democratic rights of… Continue reading SLanka’s ex-army chief vows to ‘restore’ democracy

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Sri Lanka issues banknote to mark end of war

Sri Lanka on Tuesday released a banknote to mark the end of the country’s 37-year separatist war, following the crushing of Tamil Tiger rebels in May, the central bank said. The first commemorative banknote in the 1,000-rupee (nine dollars) denomination was given to President Mahinda Rajapakse on Tuesday, the bank said in a statement. "The… Continue reading Sri Lanka issues banknote to mark end of war

Unease at Sri Lanka general’s presidential ambitions

Hailed as a hero for ending decades of civil war, Sri Lanka’s most decorated general now looks set to challenge for the presidency — a move that some analysts view with deep foreboding. General Sarath Fonseka led the Sri Lankan army’s May victory over the separatist Tamil Tigers, achieved in a brutal showdown that eliminated… Continue reading Unease at Sri Lanka general’s presidential ambitions

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Coup fears led to crisis: Sri Lanka’s top general

Sri Lanka’s government sidelined top general Sarath Fonseka because of fears he would launch a coup, he wrote in a bitter resignation letter ahead of an expected election battle with the president. The letter, seen by AFP on Friday, criticises the government for a host of failings, including its inability to "win the peace" after… Continue reading Coup fears led to crisis: Sri Lanka’s top general

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IMF warns Sri Lanka against borrowing

The IMF on Monday warned Sri Lanka against issuing government bonds to build up foreign currency reserves after it released the second instalment of a 2.6-billion-dollar bailout. The International Monetary Fund said Colombo’s reserves were at a "comfortable position" having slumped to a historic low of one billion dollars earlier this year, but cautioned against… Continue reading IMF warns Sri Lanka against borrowing

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