Foreign Employment Minister Nanayakkara says SL’s bankrupt status will be removed in a few months

Date:

The bankrupt status embodied to Sri Lanka will be lifted in a matter of a few months this year, said Labour and Foreign Employment Minister Manusha Nanayakkara, addressing a public rally.

Claiming that Sri Lanka is ‘not’ a bankrupt nation, Nanayakkara emphasised that the government has started repaying the loans and is able to bring in new investments.

He added that salaries will be increased and taxes and bank interest rates will drop, in what he described as Sri Lanka’s path to be commenced to move forward.

Many people are unable to accept this progress and hence their willingness to sabotage it, he added.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...