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

Sri Lanka Considers Compensation for Colonial Abuses

Sri Lanka’s Parliament has become the latest arena in...

Sri Lanka’s US Trade Surplus Faces Test amid Rising Tariffs

Sri Lanka’s trade relationship with the United States remains...

World Bank Strategy Targets Jobs, Resilience after Sri Lanka Floods

With Sri Lanka facing recurring floods and cyclones that...

Rising IPO activity to Redefine Sri Lanka’s Capital Market Position

 Sri Lanka’s capital market trajectory in 2026 will be...