Sri Lanka Faces New Economic ‘War’ After 2028, Ex-President Ranil Warns
4 Articles
4 Articles
Sri Lanka faces new economic ‘war’ after 2028, ex-President Ranil warns
Central Bank forecasts reserves to reach $8 billion by the end of this year: A challenge in finding the remaining $7 billion
Former President Ranil Wickremesinghe says that the agreement with the International Monetary Fund (IMF) will end by March 2027. The former President expressed these views today (18) while participating in the launch of the book “Yudha Diya Ura Di” written by former Minister Ranjith Siyambalapitiya. The former President, who further expressed his views, stated that since the country will have to repay foreign debts again after 2028, the Internat…
“We could go bankrupt again”: Ranil warns of 2028 challenge
Former President Ranil Wickremesinghe has warned that Sri Lanka could face another severe economic challenge from the end of 2028 unless the country builds its foreign exchange reserves to around US$15 billion. Speaking at the launch of former minister Ranjith Siyambalapitiya’s book “Yudha Dekakata Ura Dee” in Colombo, Wickremesinghe said Sri Lanka’s next major challenge would begin when debt repayments resume after 2028. He said the Central Ban…
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