Sri Lanka’s economy is expected to grow again from the end of this year and the government wants the country to exit bankruptcy by 2026, President Ranil Wickremesinghe has told Parliament.
The Indian Ocean island of 22 million people has been struggling with its worst economic crisis since its independence from Britain in 1948, which has forced it to default on loans and seek a $2.9bn bailout from the International Monetary Fund.
Al Jazeera’s Minelle Fernandez has more from Colombo, Sri Lanka.
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The Indian Ocean island of 22 million people has been struggling with its worst economic crisis since its independence from Britain in 1948, which has forced it to default on loans and seek a $2.9bn bailout from the International Monetary Fund.
Al Jazeera’s Minelle Fernandez has more from Colombo, Sri Lanka.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
#SriLanka #SriLankaEconomicCrisis #SriLankaEconomy #RanilWickremesinghe
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