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

Ranil Wickremesinghe is arguably the most experienced statesman in the country’s modern history

We are witnessing a silent exodus of the garment...

Power Sector Under Fire Over Dubious Coal Imports

Sri Lanka’s coal procurement process is under mounting parliamentary...

SriLanka Vehicle Tax Revenues Rise as Growth Investment Shrinks

Sri Lanka’s recovering vehicle market is generating renewed fiscal...

Marland’s Colombo Mission: Can Commonwealth Capital Revive Sri Lanka?

When Lord Marland of Odstock arrived in Colombo this...