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

Europe Dominates Global Rankings of Wealth per Person in 2025

Europe Dominates Global Rankings of Wealth per Person in 2025

Sri Lanka Raises Import Duty on Big Onions to Support Local Farmers

Sri Lanka Raises Import Duty on Big Onions to Support Local Farmers

Rising Toll of Drowning Deaths Prompts Safety Warnings Across Sri Lanka

Rising Toll of Drowning Deaths Prompts Safety Warnings Across Sri Lanka

Sri Lanka to Establish Temporary Detention Facilities Amid Severe Prison Overcrowding

Sri Lanka to Establish Temporary Detention Facilities Amid Severe Prison Overcrowding