As the nation struggles with its worst economic crisis in decades, Sri Lanka’s new President Ranil Wickremesinghe informed parliament on Wednesday that negotiations for a bailout package with the International Monetary Fund (IMF) would resume in August.
In a speech, Wickremesinghe declared, ‘We are confident of successfully concluding discussions.’ He also urged lawmakers to band together to form an all-party government.
Wickremesinghe assumed office last month after Gotabaya Rajapaksa left the country and then resigned in the wake of widespread protests over his poor management of the economy.
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