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Sri Lankan President backs debt relief for Africa – adaderana.lk

Sri Lanka is expecting an economic growth of 2% in 2024, which is likely to further increase to 4% or 5% in 2025, says President Ranil Wickremesinghe.

The Head of State made these remarks on Wednesday while speaking during a panel discussion on the sidelines of the World Economic Forum in Davos, Switzerland.

Responding to a question pertaining to his stance on debt relief, President Wickremesinghe acknowledged that while it is evident that Sri Lanka has performed well in terms of its agreement with the International Monetary Fund (IMF), concerns still remain as to how they will repay the total amount.

But as I mentioned, the main issue we have is, how do you repay this? Because weve had a Balance of Payments issue, and secondly, we have …

Read the full article at: https://www.adaderana.lk/news/96490/sri-lankan-president-backs-debt-relief-for-africa-

Category: Debt HelpBy Insolvency Advisory AccountantsJanuary 17, 2024

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Sri Lankan President backs debt relief for Africa – adaderana.lk

Sri Lanka is expecting an economic growth of 2% in 2024, which is likely to further increase to 4% or 5% in 2025, says President Ranil Wickremesinghe.

The Head of State made these remarks on Wednesday while speaking during a panel discussion on the sidelines of the World Economic Forum in Davos, Switzerland.

Responding to a question pertaining to his stance on debt relief, President Wickremesinghe acknowledged that while it is evident that Sri Lanka has performed well in terms of its agreement with the International Monetary Fund (IMF), concerns still remain as to how they will repay the total amount.

But as I mentioned, the main issue we have is, how do you repay this? Because weve had a Balance of Payments issue, and secondly, we have …

Read the full article at: https://www.adaderana.lk/news.php?nid=96490

Category: Debt HelpBy Insolvency Advisory AccountantsJanuary 17, 2024

Post navigation

PreviousPrevious post:Victorian builder collapses, leaving almost 100 homeowners in limbo – Sky News AustraliaNextNext post:Victorian builder collapses, leaving almost 100 homeowners in limbo – Sky News Australia

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July 17, 2024
I Tried ChatGPT to Help Knock Out an $18K Debt. It Went Comically Wrong – CNET
July 17, 2024
I Tried ChatGPT to Help Knock Out an $18K Debt. It Went Comically Wrong – CNET
July 16, 2024
Money and debt advice – Bracknell Forest Council |
July 16, 2024
I Tried ChatGPT to Help Knock Out an $18K Debt. It Went Comically Wrong – CNET
July 16, 2024
Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal
July 16, 2024
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