Colombo: Sri LankaThe cash-strapped government will need at least $5 billion over the next six months to maintain basic standards of living. fuel imports, the country’s prime minister told parliament on Tuesday.
“Merely establishing economic stability is not enough, we have to restructure the whole” Economy,” Told Ranil WickremesingheWhich is working to prepare an interim budget to balance Sri Lanka’s battered public finances.
The island nation of 22 million is facing its worst economic crisis in seven decades, with foreign exchange shortages stalling essential imports.
“Merely establishing economic stability is not enough, we have to restructure the whole” Economy,” Told Ranil WickremesingheWhich is working to prepare an interim budget to balance Sri Lanka’s battered public finances.
The island nation of 22 million is facing its worst economic crisis in seven decades, with foreign exchange shortages stalling essential imports.