COLOMBO
\nSri Lankan Prime Minister Ranil Wickremesinghe told Parliament Tuesday that country\u2019s cash-strapped government will need at least $5 billion in the next six months to maintain basic standards of living, including some $3.3 billion for fuel imports.
\n\u201cOnly establishing economic stability not enough, we have to restructure the entire economy,\u201d said Prime Minister Ranil Wickremesinghe, who is working to prepare an interim budget to balance Sri Lanka\u2019s battered public finances. The island nation of 22 million is suffering its worst economic crisis in seven decades, with a shortage of foreign exchange stalling imports of essential items such as fuel, medicine and fertilisers.<\/p>\n","protected":false},"excerpt":{"rendered":"
COLOMBO Sri Lankan Prime Minister Ranil Wickremesinghe told Parliament Tuesday that country\u2019s cash-strapped government will need at least $5 billion in the next six months to maintain basic standards of living, including some $3.3 billion for fuel imports. \u201cOnly establishing economic stability not enough, we have to restructure the entire economy,\u201d said Prime Minister Ranil […]<\/p>\n","protected":false},"author":2,"featured_media":264996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8249,8250,793],"class_list":{"0":"post-264955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world","8":"tag-essentials","9":"tag-ranil-wickremesinghe","10":"tag-sri-lanka"},"yoast_head":"\n