COLOMBO: Sri Lanka's Prime Minister Ranil Wickremesinghe will hold dual charge as finance minister, the president's office announced on Wednesday , and will lead talks with the International Monetary Fund for a bailout for the crisis-hit nation.
Sri Lanka, an island nation of 22 million people, has been hit by its worst economic crisis since independence in 1948, with a severe shortage of foreign exchange stalling imports, including essentials such as fuel and medicines. Wickremesinghe - a political veteran who has previously been prime minister five times - was sworn in for a sixth term two weeks ago, after the president's elder brother, Mahinda, resigned from the post.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: STForeignDesk - 🏆 4. / 71 Read more »