Sri Lanka President Assures Historic Rs. 500 Billion Relief Fund without Raising Debt Ceiling

President Unveils Biggest Disaster Relief Plan in Sri Lanka’s History

A record-breaking recovery blueprint promises cash relief, farmer compensation, housing support and strict fiscal discipline as Sri Lanka confronts its toughest post-disaster test with confidence, stability and a pledge that every rupee will reach the people. The programme to rebuild the country is being advanced step by step in a well-planned manner – let us work together towards that goal The President calls on the Opposition to go door to do…

Sri Lanka President assures historic Rs. 500 Billion relief fund without raising debt ceiling

Sri Lanka President Anura Kumara Dissanayake told Parliament that the government has presented the largest supplementary estimate in recent history, Rs. 500 billion without increasing the debt ceiling, and that claims the economy will collapse by April are incorrect. The President announced this while delivering a statement in Parliament of Sri Lanka yesterday (December 19). He stressed that this allocation is possible only because the governmen…