Sri Lanka's surprise finance minister has a mountain to climb

COLOMBO : When former justice minister Ali Sabry visited Sri Lanka's president last Monday, it was for talks amid an economic crisis that has brought thousands of protesters on to the street and left the island nation short of fuel, medicine and power.

"Normally I wear my jacket to go for any official function. I took oath even without my jacket, because I went for a discussion and then, I had to take that ." "I'm also a human being. My family also matters to me," Sabry said, seated in front of a wall of books at his law chambers in the commercial capital Colombo.

From a family with deep roots in politics, Sabry has also had a long relationship with the Rajapaksas, particularly the president, whom he has represented in court. Sabry said he had confidence in a team of key officials, including a new central bank governor and treasury secretary, alongside an advisory committee.Udeeshan Jonas, Chief Strategist at Colombo-based investment bank CAL Group, said Sabry had shown courage taking on a job that no one else appeared to want.

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Sri Lanka to seek US$3 billion to stave off crisis: Finance ministerCOLOMBO: Sri Lanka will need about US$3 billion in external assistance in the next six months to help restore supplies of essential items including fuel and medicine, its finance minister told Reuters on Saturday (Apr 9). The island nation of 22 million people has been hit by prolonged power cuts and short But how are we going to pay all these debts? But Minister Johnston Fernando gets all the money required to build roads. So as the Defence Ministry budget? WHY, WHY, WHY? What is this madness? GoHomeGota RajapaksasGoHome I'm sure this forthcoming dollar assistance will include at least 10% of foreign assets alleged to have invested by certain patriotic SriLankan politicians in off-shore heavens including Australia welikalaa chaturaalwis Sesiri KernerPathum anuradisanayake SirasaTVlk
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