Published 2 years ago

Sri Lanka PM stresses urgency for economic reform plan

Summary by Ground News

Sri Lanka is nearly bankrupt with an acute foreign currency crisis that resulted in a foreign debt default. Sri Lanka announced last month that it is suspending nearly $7 billion foreign debt repayment due for this year out of about $25 billion due through 2026. Protesters have occupied the entrance to President Gotabaya Rajapaksa's office for nearly 50 days, demanding his resignation.

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The Independent

Sri Lanka PM stresses urgency for economic reform plan

Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund

2 years ago·London, United Kingdom

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Associated Press News

Sri Lanka PM stresses urgency for economic reform plan

Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund. Prime Minister Ranil Wickremesinghe says urgent action is

2 years ago·United States

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abc News

Sri Lanka PM stresses urgency for economic reform plan

Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund

2 years ago·United States

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KRDO

Sri Lanka PM stresses urgency for economic reform plan

By KRISHAN FRANCIS Associated PressCOLOMBO, Sri Lanka (AP) — Sri Lanka’s prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund. Prime Minister Ranil Wickremesinghe says urgent action is needed because global inflation and the economic impact of Russia’s invasion of Ukraine could hurt the ability of countries to allocate enough aid to Sri Lanka. The country is facing its…

2 years ago·Colorado Springs, United States

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