Sri Lanka risks facing bankruptcy again within a decade unless steps taken promptly - President
15-Aug-2023President Ranil Wickremesinghe underscored the imperative to fortify the nation’s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.
President Ranil Wickremesinghe underscored the imperative to fortify the nation’s economy, ensuring that forthcoming generations are spared from enduring the unfortunate period that both the country and its people have weathered in the past two years.
These remarks were made during his participation in the 150th Anniversary celebration of St. Thomas College in Matale today (13 Aug).
President Wickremesinghe highlighted that resolving the country’s economic challenges goes beyond the success of the debt optimization programme, and emphasised the need to promptly initiate an economy-building strategy guided by sound decisions.
He cautioned that failure to proactively adopt a new program would inevitably result in the country facing another economic hurdle within a decade.
