Sri Lanka bankruptcy to last until 2026: President

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Ranil Wickremesinghe said he must work to repair battered government finances following an unprecedented economic crisis. Read more at straitstimes.com.

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at the peak of national unrest sparked by months of food, fuel and medicine shortages.

“Introducing new tax policies is a politically unpopular decision. Remember, I’m not here to be popular. I want to rebuild this nation from the crisis it has fallen into.” But on Wednesday, he said the economy would return to growth by the end of 2023 as new revenue measures boosted government coffers.

Mr Wickremesinghe’s policy address took place at the same time as a huge trade union strike, with air traffic controllers, doctors and several other industries staging work stoppages.

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