Sri Lanka bankruptcy to last until 2026: President

Singapore News News

Sri Lanka bankruptcy to last until 2026: President
Singapore Latest News,Singapore Headlines
  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 71%

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

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

STForeignDesk /  🏆 4. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Paris Club provides financing assurances to support IMF's EFF for Sri LankaParis Club provides financing assurances to support IMF's EFF for Sri LankaPARIS : Paris Club Creditors have agreed to provide financing assurances to support the International Monetary Fund's approval of an extended fund facility (EFF) for Sri Lanka, the Paris Club said on Tuesday.Paris Club members as well as Hungary, Saudi Arabia and India continue to look forward to working
Read more »

Ousted Sri Lankan president quizzed over cash stashOusted Sri Lankan president quizzed over cash stashProtesters occupied his presidential palace for several days, discovering 17.5 million rupees (S$63,500) hidden in Mr Rajapaksa’s private quarters that they later turned over to police. Read more at straitstimes.com.
Read more »

No conflict of interest on climate, says COP28 president, who heads UAE’s state oil firmNo conflict of interest on climate, says COP28 president, who heads UAE’s state oil firmJaber said leading the climate conference and Abu Dhabi National Oil Company is not a conflict of interest. Read more at straitstimes.com.
Read more »

Funeral held for Pakistan ex-president MusharrafFuneral held for Pakistan ex-president MusharrafThe former military ruler was buried in a muted funeral that was never officially announced. Read more at straitstimes.com.
Read more »

At least 15 dead from Peru landslide, president pledges to speed helpAt least 15 dead from Peru landslide, president pledges to speed helpDozens of homes were swallowed up by dirt and mud following heavy rainfall. Read more at straitstimes.com.
Read more »

Alfa Romeo seek to step up in final F1 season with SauberAlfa Romeo seek to step up in final F1 season with SauberAlfa Romeo unveiled a new red and black livery on Tuesday for their final Formula One season as title sponsors of Swiss-based Sauber, with the team setting their sights on moving up from sixth overall.The team, who will become the Audi factory outfit from 2026, have an unchanged lineup in China's Guanyu Z
Read more »



Render Time: 2025-04-03 23:43:12