Sri Lanka's new president, Ranil Wickremesinghe, must now confront upheaval unleashed by the pandemic and the war in Ukraine. The six-time former prime minister inherits a bankrupt nation with a collapsed economy and now faces a daunting task.
. “Countries with high debt levels and limited policy space will face additional strains. Look no further than Sri Lanka as a warning sign,” she said.Sri Lanka, once considered a success story with high levels of education and standard of living, could now be the first among a litany of developing countries that will face political instability.
“It just shows you how much impact bad management and outright corruption can really derail what would otherwise be a wealthy country,” he said. “There are high chances that though an agreement [with IMF] might happen this year, the aid would not likely come this year,” he said. “There is a lot of uncertainty.”“The liquid external resources available with the central bank are almost nonexistent,” Nandalal Weerasinghe, Sri Lanka’s Central Bank governor, toldthis week. All available foreign exchange resources had been used for importing gas, he said, adding that the country has secured fuel supplies for the next few weeks.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sri Lanka troops storm key protest site as Wickremesinghe takes chargeSri Lanka soldiers storm a protest camp in capital Colombo and arrest nine people, officials say, an action seen as a crackdown by new President Ranil Wickremesinghe, who is seen as an ally of his ousted predecessor Gotabaya Rajapaksa
Baca lebih lajut »
Sri Lanka raids anti-government protest camp as new president takes powerHours after Sri Lanka’s new president was sworn in, security forces raided a protest camp on Friday. At least 50 were injured, organizers said. If confirmed, it would mark one of the harshest crackdowns since the economic crisis began.
Baca lebih lajut »
What To Know About The Political Crisis In Sri LankaMonths of protests in Sri Lanka led to President Gotabaya Rajapaksa fleeing the country as the South Asian island nation remains embroiled in a political and economic crisis. The Onion tells you everything you need to know about the political crisis in Sri Lanka.
Baca lebih lajut »
Rights groups urge Sri Lanka not to use force on peaceful protestersRights groups urge Sri Lanka’s president to order security forces to cease use of force against protesters after troops and police cleared their main camp following months of demonstrations
Baca lebih lajut »