Sri Lanka hopeful of agreement with creditor nations in next few weeks

June 19, 2024 at 1:32 PM

President Ranil Wickremesinghe has expressed hope to reach an agreement with creditor nations in the next few weeks, it was reported. 

According to the President’s Media Division (PMD), the President made the announcement while providing details of forthcoming negotiations with creditor countries. 

President Ranil Wickremesinghe made the remarks while speaking at the International Industry Expo 2024 held today.

At the event, President Ranil Wickremesinghe also revealed plans to boost the industrial sector.

The PMD states these plans feature the creation of a new commercial bank, an economic commission, and an institute called Enterprise Sri Lanka.

The new entities are to be established to promote a competitive, digitalized green economy. (Newswire)