Sri Lanka’s bankrupt tag will be removed in a few months

January 30, 2023 at 12:03 PM

Sri Lanka will bounce back from its bankrupt status in the coming few months of this year, Minister of Labour and Foreign Employment Manusha Nanayakkara said. 

Addressing a public gathering, he said that Sri Lanka is not a bankrupt nation, but a nation known for rising back up and will be able to rip off the label of ‘bankrupt nation’ soon.

“We have started repaying loans. We are able to bring in new investments. Salaries will be increased. Taxes and bank interest rates will drop. Thereby, the country will commence its path to move forward,” he said.

Minister Nanayakkara further said that many people are unable to accept this progress and hence will do anything to sabotage it. 

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