News
President sets ambitious timeline for Sri Lanka’s debt restructuring and reconciliation efforts
In a determined push to address Sri Lanka’s debt crisis and foster reconciliation, President Ranil Wickremesinghe outlined plans to finalize the debt restructuring process by September. Collaborating closely with parliament, the President aims to develop a comprehensive strategy for resolving the nation’s financial burdens.
While debt restructuring remains a key priority, President Wickremesinghe noted that his primary focus lies in completing vital structural reforms. Aiming to accelerate economic liberalization and attract increased investments, which are intended to bolster Sri Lanka’s financial prospects and drive a more favourable balance of trade in the long term.
President Ranil Wickremesinghe revealed his plans participating at a forum held in London.